The deadline for NFL teams to sign players to contract comes at midnight when the current Collective Bargaining Agreement expires.
The San Diego Chargers made it in just the nick of time. According to ESPN's Adam Schefter, S Bob Sanders will be signing with the Chargers on Thursday night. The deal has to be signed Thursday night in order for it to become official. Though the negotiations between the NFL owners and players has been extended for 24 hours, the ability to sign players has not been.
Sanders was released by the Indianapolis Colts last week and has visited at least three teams on his free agency tour -- Buffalo Bills, Jacksonville Jaguars and New York Jets.
The contract with the Chargers, according to Schefter, is for one year.
Sanders ended the season on the Colts' injured reserve and has had significant injury problems in the last three years, so it's a risk for the Chargers. That said, when he's healthy, Sanders is one of the better safeties in the NFL. Assuming the deal includes little to no guaranteed money, I like this move for San Diego.
Check out SB Nation's Chargers community, Bolts From The Blue, for more on the news.