Marques Colston, Saints Agree To 5-Year Contract

Marques Colston will avoid free agency after the Saints locked him up to a new five-year deal.

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Marques Colston Gets $40 Million Over Five Years From Saints, According To Report

The New Orleans Saints won't let Marques Colston hit free agency. According to multiple reports, Colston and the Saints agreed to a new five-year contract extension that will keep him in New Orleans. Reports surfaced on Monday night that the two sides were nearing a deal.

This means Colston will not be a free agent when the market opens at 4 p.m. ET on Tuesday afternoon.

Colston's deal will pay him a maximum of $40 million with just under half of that guaranteed, according to NFL Network. That's a reasonable number for Colston, who has over 1,000 yards receiving in five of his first six years in the league. There's a feeling around the league that Colston wouldn't be nearly as productive outside of the New Orleans system. His best bet was always to remain in New Orleans and now he'll do just that.

The Saints can move onto more pressing issues, like trying to keep Carl Nicks.

For more free agency updates, go to SB Nation's Saints blog, Canal Street Chronicles.

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Marques Colston, Saints Agree To 5-Year Contract

New Orleans Saints wide receiver Marques Colston looked like he was destined to hit the free agency market on on Tuesday at 4 p.m. ET, the official start of NFL free agency, but the Saints made a last second push and locked up the talented receiver for five more years.

After hitting quarterback Drew Brees with the franchise tag, it didn't look like the Saints would be able to keep Colston, but the two sides were able to work out a new contract extension. Colston was expected to draw plenty of interest as a free agent, being one of the top receivers available, but the Saints made sure they locked up their leading wide receiver.

For more free agency updates, go to SB Nation's Saints blog, Canal Street Chronicles.

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