The New Orleans Saints and wide receiver Marques Colston are working hard on finalizing a new contract before free agency begins at 4:00pm eastern time on Tuesday, March 13th.
With the New Orleans Saints having only $4.2 million dollars in cap space left after re-signing back-up quarterback Chase Daniel, the team is doing its absolute best to retain one of the teams top wide receivers.
A league source told Pro Football Talk that the two sides are working ‘feverishly’ at getting a deal done, also they were told that Colston would like to remain in New Orleans badly.
Should Colston hit the free agent market he could draw considerable interest due to the lack of talent in the wide receiver position being available. He likely would be the most sought receiver alongside San Diego Chargers wide receiver Vincent Jackson.
He is likely to receive a contract in the $7 million to $8 million dollar ballpark. Which is well worth the money due to his productivity over the course of his career.
In six NFL seasons, Colston has 449 receptions for 6,240 yards and 48 touchdowns. He entered the league as a seventh-round pick in 2006 out of Hofstra.
Marques Colston’s previous contract was a three-year deal worth $7.9 million dollars.
There’s no telling on where he likely would end up should he become a free agent, but with the owner Tom Benson and head coach Sean Payton leaving general manager Mickey Loomis behind to negotiate with Colston while they met with NFL commissioner Roger Goodell, it’s clear they’re going all out.
With wide receiver Randy Moss signing with the San Francisco 49ers after an impressive workout with the Saints last week and New Orleans Saints wide-out Robert Meachem a free agent, the Saints really can’t afford to go down easily.
Colston is likely replaceable in the New Orleans Saints offense due to their exceptional depth, but he has been the one guy quarterback Drew Brees has had faith in since arriving in 2006.
Brees definitely wouldn’t like to see his favorite target playing any home games anywhere other than the Mercedes-Benz Superdome.
Apparently the New Orleans Saints don’t either, due to them focusing on Colston rather than impending free agent guard Carl Nicks who will likely be contacted immediately should the Saints not retain him.
Tags: 2012 Free Agency Carl Nicks Chase Daniel Drew Brees Hofstra Marques Colston Mickey Loomis New Orleans Saints Pro Football Talk Random Moss Roger Goodell San Diego Chargers San Francisco 49'ers Sean Payton Tom Benson Vincent Jackson