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Saints To Sign QB Nathan Peterman

March 14th, 2024 at 12:00pm CST by Sam Robinson

The Saints designated Jameis Winston as a post-June 1 cut, leaving the position of Derek Carr‘s backup open. Carr’s health issues last season made that role more relevant than it was in Oakland and Las Vegas.

Nathan Peterman is heading to New Orleans to be one of Carr’s backups, Nick Underhill of NewOrleans.football tweets. Peterman has experience as a Carr backup, being one of the Raiders’ reserves under Jon Gruden, and has worked with new Saints QBs coach Andrew Janocko with the Bears. Peterman’s deal is for one year and worth the veteran minimum, Underhill notes.

Peterman spent the past two seasons in Chicago, finding himself on and off the Bears’ active roster. He was released during final roster cutdowns in August, confirmation that UDFA Tyson Bagent won out Chicago’s backup quarterback competition. Peterman was ultimately brought back into the fold later on in the year, though, and he remained on the active roster from mid-October onwards.

New Orleans faced increased expectations on offense after using Winston and veterans like Andy Dalton under center in previous years. Carr – who inked a four-year, $150MM deal – had an up-and-down showing while battling injury for part of the campaign. A new offensive staff is in place for 2024, and Carr will face pressure to perform under Klint Kubiak, especially given the fact his 2025 salary does not become guaranteed until next March.

Much of New Orleans’ success on offense will of course depend on the play of Carr, but Peterman could be tasked with stepping in for him if needed. The Saints also have 2023 fourth-rounder Jake Haener (who was issued a six-game PED suspension to start the year) along with Swiss Army knife Taysom Hill as other QB options.

Adam La Rose contributed to this post.

Minor NFL Transactions: 3/13/24

March 13th, 2024 at 9:18pm CST by Ben Levine

Today’s minor moves:

Chicago Bears

Cleveland Browns

Houston Texans

Jacksonville Jaguars

Miami Dolphins

New Orleans Saints

San Francisco 49ers

Seattle Seahawks

Tennessee Titans

Washington Commanders

Saints Release WR Michael Thomas

March 13th, 2024 at 3:07pm CST by Sam Robinson

MARCH 13: The Saints will follow through with this reported plan. Thomas is no longer on the team’s roster as of the start of the 2024 league year, NewOrleans.football’s Nick Underhill tweets. Thomas’ dead money hit will drop from $12.4MM to $11.2MM, NewOrleans.football’s Mike Triplett notes. This separation will still be expensive for the Saints, who will take on a $9.2MM hit in 2025. The Saints also cut Thomas with a failed physical designation.

Rather than Maye, the Saints are using their second post-June 1 designation on Jameis Winston. Due to another uniquely structured contract, Winston’s cap charge will drop from $4.6MM to $3.4MM on June 2, Tripplett adds. The Saints will take on $7.3MM in dead cap on the Winston deal in 2025.

MARCH 7: Michael Thomas‘ four-year run of success in the 2010s kept providing chances as his career skidded off track in the 2020s. It appears the injury-prone wide receiver will finally separate from the Saints.

New Orleans is expected to release Thomas when the new league year begins March 13, NOLA.com’s Jeff Duncan notes. Although Thomas participated more in games last season than he had since 2019, the former All-Pro’s run of injuries always made it likely he would not be back for the ’24 campaign.

Thomas, who turned 31 last week, missed the Saints’ final seven games due to a knee injury. This ran the former All-Pro’s missed-games count to a whopping 48 since 2020. Various injuries are responsible for this, and the most recent one paused a season in which Thomas had accumulated 39 receptions for 448 yards in 10 games. The yardage total doubles as his most since he notched an NFL-leading 1,725 during the 2019 season, which featured a still-standing NFL record of 149 catches.

That season came on the heels of the Saints giving the former second-round pick a five-year, $96.25MM extension. Thomas had run off back-to-back first-team All-Pro seasons in 2018 and ’19, helping Drew Brees remain one of the NFL’s best quarterbacks into his early 40s. But the ankle, foot and knee trouble that has thrown the Ohio State alum’s career off course in the 2020s will almost definitely lead him out of town.

This being the Saints, a complex contract structure is in place. The parties, after multiple adjustments last year, agreed to give it another try on what amounted to a $10MM payment. Thomas’ latest contract was designed to be extended or shed from the Saints’ payroll, as ESPN.com’s Katherine Terrell notes; the latter course will bring about a $11.2MM in dead money via a post-June 1 designation. It appears the Saints will use both their allotted post-June 1 moves this year, with Marcus Maye also set to be cut on March 13.

Thomas was also arrested on a simple battery charge last year, and Duncan adds the talented wideout gained a reputation as a difficult personality inside the Saints’ facility. While this clearly did not dissuade the Dennis Allen-led team from signing off on another reunion last year, as Thomas said he was only interested in playing for the Saints again, the parties will go their separate ways soon.

Although the Broncos are the current landing spot for ex-Saints, it will be interesting to see if Sean Payton would take a chance here. Thomas rankled the Saints by not going through with an ankle surgery early during the 2021 offseason, leading to a mid-offseason operation that delayed his return in what became Payton’s final year with the team. A setback then led to Thomas missing all of the 2021 season, leaving the Saints with a bottom-tier receiving corps. While the Broncos have some issues to sort out at receiver, Thomas would not seem a lock to reunite with Payton once the Saints officially move on. But adding a former All-Pro at a low rate could appeal to a team regrouping after what will become the most expensive release in NFL history.

Saints To Sign LB Willie Gay

March 12th, 2024 at 5:40pm CST by Ben Levine

After the Chiefs gave Drue Tranquill another contract, Willie Gay will head elsewhere. The longtime Kansas City regular will resurface in New Orleans.

The Saints are adding Gay on a one-year contract worth up to $5MM, NFL.com’s Mike Garafolo tweets. Considering the value Tranquill received, the Chiefs made their choice. Gay, a four-year Chiefs starter, will now look to raise his stock with the Saints.

After grading as at least an above-average linebacker through his first three seasons in the NFL, Pro Football Focus ranked Gay only 72nd among 82 qualifying linebackers this past season. The former second-round pick’s snaps declined throughout the year, although that was also due to a shoulder injury.

Still, Gay managed to finish the season with 58 tackles, and he’s only a year removed from a career year in 2022 when he finished with 88 stops and 2.5 sacks. Heading into his age-26 season, there may not be a whole lot of untapped potential, but Gay has shown that he can at least be a dependable option in the linebackers room.

The Saints have been busy working on deals with linebackers during the opening days of free agency. We learned yesterday that the organization was extending Demario Davis despite the LB still having a year left on his contract.

DE Chase Young To Visit Panthers, Saints, Titans

March 12th, 2024 at 1:35pm CST by Adam La Rose

A few of the top edge rushers in the 2024 free agent class have already found a new home. One of the more intriguing options still available is Chase Young, who has a trio of visits lined up. Carolina and New Orleans are expected host Young later this week, Tom Pelissero of NFL Network reports. The Titans will also bring him in, colleague Ian Rapoport notes.

While Young’s Panthers meeting is taking place Thursday, Nick Underhill of NewOrleans.football notes the former Defensive Rookie of the Year will make his trip to New Orleans on Friday.

Entering the NFL with massive expectations, Young seemed destined for a long and productive Commanders career given his play in 2020. He won Defensive Rookie of the Year honors that season, but things did not go according to plan after that. A torn ACL and a ruptured patellar tendon left the former No. 2 pick sidelined for considerable stretches, and his time in Washington ultimately came to an end at the trade deadline.

By the time the Commanders elected to deal Young to San Francisco, fellow defensive end (and pending free agent) Montez Sweat had been traded. The latter’s absence seemed to suggest Washington would attempt to re-sign Young, but instead his walk year concluded with the 49ers. Playing opposite Nick Bosa, Young posted only 2.5 sacks in nine regular season games with San Francisco (albeit while logging a much smaller workload). The Ohio State alum chipped in with one sack in the team’s run to the Super Bowl, but it would come as a surprise if the NFC champions made a major effort to retain him after his 2023 showing.

Still only 24, Young profiles as having some of the highest upside amongst free agents on either side of the ball this year. In both Carolina and New Orleans, he would be counted on as a key edge rush producer. The Panthers finally put an end to the Brian Burns saga on Monday, dealing him to the Giants. That has created a major vacancy along the edge, as Burns was the team’s most proficient sack artist.

Carolina was last in the league in sacks in 2023, and New Orleans did not fare much better (28th). The Saints were led in that department by Carl Granderson, but fellow defensive end Cameron Jordan was limited to a pair of sacks. Adding Young as a (potentially) impactful rusher off the edge would be beneficial to a Saints team needing to get younger on defense.

Tennessee saw 2023 sack leader Denico Autry agree to a deal with the Texans yesterday, so a replacement will be needed. Harold Landry and Arden Key are both under contract for 2024, but another rotational option would help the Titans’ front seven as the team looks to rebound from a poor performance last season. Young appears prepared to take his time vetting potential landing spots. .

Saints To Extend LB Demario Davis

March 11th, 2024 at 11:11am CST by Sam Robinson

Demario Davis was already on the books for 2024, but the lack of guaranteed money on his deal led to uncertainty regarding his future. The All-Pro linebacker will remain with the Saints, however, having agreed to a new deal. ESPN’s Adam Schefter reports the sides have worked out an agreement on a two-year, $17.25MM contract.

In Saints fashion, this agreement will create cap space. Davis had been tied to an $18.2MM cap hit in his contract year; this pact will reduce that and help a perpetually cap-strapped New Orleans operation. Going into today’s legal tampering period, the Saints resided $10MM-plus over the cap.

This will also give Davis more security in the form of guarantees; the veteran linebacker had been tied to a nonguaranteed 2024 salary worth $10MM. Davis has been one of the Saints’ top players for many years, and the 35-year-old defender will be set for a seventh season in Louisiana.

Davis has continually showcased a versatile skillset, being one of the best blitzing ‘backers in this era. The former Jets and Browns starter, despite being an off-ball presence, is coming off back-to-back 6.5-sack seasons. As Cameron Jordan has moved into his mid-30s and Payton Turner having not delivered on a first-round investment, Davis’ sack production has been important for a Saints team still trying to find its footing post-Drew Brees.

A marvel in IDP fantasy leagues, Davis paired 121 tackles and six pass breakups with those 6.5 sacks last season. The durable defender has posted 100-tackle seasons in each of his six Saints slates, adding 29.5 sacks during his New Orleans run. While Davis is nearing the end of an impressive career, the Saints will keep him around for at least one more season. A reassessment after this age-35 season seems likely, even as Davis has continued to deliver upper-crust work into his mid-30s.

RFA/ERFA Tender Decisions: 3/10/24

March 10th, 2024 at 10:20pm CST by Ely Allen

During a busy day of transactions and headlines, teams still had time for a few free agent tender decisions:

RFAs

Non-tendered:

ERFAs

Tendered:

Non-tendered:

While Stoll, one of Philadelphia’s top backup tight ends, is not being tendered by the Eagles, the team has reportedly not ruled out a return. Similarly, Cox, Gore, Harris, Arnold, and Sims will all join Bowden in free agency, though the door remains open for their returns, as well.

Saints Tender ERFA WR Rashid Shaheed

March 8th, 2024 at 9:01pm CST by Ely Allen

Some may forget as he hasn’t played like it, but Saints wide receiver Rashid Shaheed was an undrafted free agent just two years ago. And like many undrafted free agents who find their way to the 53-man roster early in their careers, Shaheed faces free agency after only two seasons in the league. With fewer than three accrued seasons in the NFL, Shaheed qualifies as an exclusive rights free agent, allowing the team to retain him with a simple tender offer, which they chose to do this week, according to John Hendrix of Sports Illustrated.

This tender offer from New Orleans guarantees that Shaheed will be on the roster in 2024. Exclusive rights free agents essentially only have a take-it-or-leave-it option. If the team decides to make a tender offer, a one-year contract at the value of the league minimum for a three-year veteran, the player is unable to negotiate with other teams and is required to sign the deal in order to play in 2024.

For the league minimum, New Orleans is getting quite the steal. As a rookie, Shaheed was a solid complementary wide receiver. This past season, Shaheed only got better, solidifying himself as a reliable WR2 behind Chris Olave. In addition to his receiving duties, Shaheed has established himself as the team’s primary return man over the last two years, even getting Pro Bowl and first-team All-Pro honors as a returner this season.

While the wide receiving corps is set to look slightly different in 2024 with veteran wide receiver Michael Thomas expected to be released when the new league year begins, Shaheed will now return alongside Olave and A.T. Perry, providing some young consistency for quarterback Derek Carr next season.

NFL Announces 2024 Compensatory Picks

March 8th, 2024 at 3:14pm CST by Sam Robinson

The NFL has awarded compensatory draft picks for teams in the 2024 draft. Based on an add/subtract formula that covers the 2023 free agency period, comp picks span from Round 3 to Round 7. The higher picks go to the teams that endured the most significant free agent losses.

This year, the NFL awarded 34 comp picks. The comp pick formula assigns picks to franchises who suffered the largest net losses, so teams that signed multiple free agents have a lesser chance of receiving picks. The CBA limits the total compensatory number to 32, per Rob Demovsky of ESPN.com, who notes the Cowboys, Jaguars and Packers qualified for an additional comp pick based on the net loss formula.

The updated NFL format also rewards third-round comp picks to teams that saw a minority assistant coach land a head coaching job or a minority front office exec become a GM. Teams receive two third-round picks for losing an assistant or FO staffer to a top job, but the picks do not come in the same draft. The 49ers’ pipeline here is still flowing and will continue to do so into the 2025 draft, with Ran Carthon landing the Titans’ GM job last year and DeMeco Ryans becoming the Texans’ HC. The Rams collected the first of their two third-rounders for the Falcons’ Raheem Morris hire. The Buccaneers do not receive a comp pick for Dave Canales‘ Panthers move due to the Latino staffer being Tampa Bay’s OC for just one season.

Sorted by round and by team, here are the league’s 2024 compensatory selections.

By round:

Round 3: Jaguars (No. 96 overall), Eagles (No. 97), Rams (No. 98)*, 49ers (No. 99)*

Round 4: 49ers (No. 132), Bills (No. 133), Ravens (No. 134)

Round 5: Saints (No. 167), Packers (No. 168), Saints (No. 169), Eagles (No. 170), Eagles (No. 171), Chiefs (No. 172), Cowboys (No. 173), Saints (No. 174), 49ers (No. 175)

Round 6: Bengals (No. 208), Rams (No. 209), Eagles (No. 210), 49ers (No. 211), Jaguars (No. 212), Rams (No. 213), Bengals (No. 214), 49ers (No. 215), Cowboys (No. 216), Rams (No. 217), Jets (No. 218), Packers (No. 219), Buccaneers (No. 220)

Round 7: Chargers (No. 253), Rams (No. 254), Packers (No. 255), Jets (No. 256), Jets (No. 257)

* = special compensatory selection

By team:

  • Los Angeles Rams: 5
  • San Francisco 49ers: 5
  • Philadelphia Eagles: 4
  • Green Bay Packers: 3
  • New Orleans Saints: 3
  • New York Jets: 3
  • Cincinnati Bengals: 2
  • Dallas Cowboys: 2
  • Jacksonville Jaguars: 2
  • Baltimore Ravens: 1
  • Buffalo Bills: 1
  • Kansas City Chiefs: 1
  • Los Angeles Chargers: 1
  • Tampa Bay Buccaneers: 1

Coaching Notes: Lombardi, 49ers, Shula, Bills, Broncos, Titans, Saints, Wilkins

March 8th, 2024 at 11:33am CST by Sam Robinson

Mick Lombardi will resurface in San Francisco. The 49ers are hiring the former Raiders offensive coordinator, according to NBC Sports Bay Area’s Matt Maiocco. This marks a return trip for the second-generation NFL staffer. Lombardi worked on the 49ers’ staff from 2013-16, rising up to the quality control level during his first NFL gig. This came before Kyle Shanahan‘s arrival. Lombardi, 35, worked under Josh McDaniels in New England before being brought to Las Vegas as OC. Hours after the Raiders fired McDaniels, they canned Lombardi at the midseason point. Lombardi, who coached wide receivers and QBs in New England, does not have a specific title yet in San Francisco.

Here is the latest from the coaching ranks:

  • The Bills are not retaining Mike Shula for their 2024 staff. The veteran coach’s contract expired, per WGR 550’s Sal Capaccio, who adds the Bills will not renew the deal. Shula had served as a senior offensive assistant on the past two Buffalo staffs. Shula, 58, had previously served as OC for the Panthers and Giants. The Carolina OC years overlapped with Cam Newton‘s MVP season and the team’s Super Bowl 50 trek. Son of Don Shula, Mike has been an NFL assistant since 1988. Prior to coming to Buffalo, he was in Denver for two seasons as QBs coach under Pat Shurmur.
  • On the subject of the Broncos, they will replace defensive line coach Marcus Dixon with an in-house promotion. Denver will bump Jamar Cain up to D-line coach. A former college and high school staffer, Cain worked as a pass rush specialist last season, joining the team shortly after the Sean Payton trade.
  • The Titans have a special teams coordinator in place now. Colt Anderson is in place here. A former Eagles, Colts and Bills special-teamer in the 2010s, Anderson previously coached with Brian Callahan in Cincinnati, serving most recently as the Bengals’ assistant ST coach. The Titans also hired Scott Fuchs as assistant O-line coach and Steve Donatell as a defensive assistant. Donatell spent last season in Miami under Vic Fangio, who had worked with Steve’s father (Ed) for many years. Fuchs comes up from the college ranks, having spent 31 seasons at that level. He spent the past three years at Kansas, serving as the Jayhawks’ O-line coach.
  • The Saints promoted Jordan Traylor to assistant quarterbacks coach and have hired Keith Williams to coach wide receivers. Despite the Saints hiring Klint Kubiak as OC, they will retain a previous staffer in Traylor for this role. Traylor, 30, was a Payton hire who has been with the team five years. Williams spent the past three seasons with the Ravens, his first NFL gig.
  • Kevin Wilkins, whom the Giants fired just before the simmering Don Martindale-Brian Daboll feud boiled over, is following the former New York DC to Michigan, 247Sports’ Matt Zenitz tweets. Brothers Kevin and Drew Wilkins each worked under Martindale with the Giants and Ravens. Drew landed a job with the Patriots last month; Kevin will work as a defensive analyst at Michigan.
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