Latest contract details:
3/13/2012: Signed a five-year, $40 million contract. The deal contains $19 million guaranteed.
Contract:5 yr(s) / $40,000,000 Signing Bonus - Average Salary $8,000,000 End Year:2016 Free Agent:2017 / Unrestricted
Saints re-signed WR Marques Colston to a five-year, $40 million contract.
The deal reportedly includes $19 million guaranteed. A move that previously seemed unlikely gained momentum after dueling Tuesday reports revealed the Saints were "working feverishly" to re-sign their physical slot receiver, and that Colston "badly" wanted to remain in New Orleans. Since the Saints were expected to enter free agency with just $7 million in cap space, Colston will undoubtedly earn a low base salary in 2012 before seeing his numbers steadily increase. It's the best possible news from a fantasy perspective, as Colston had little chance of equaling his routinely prolific production outside of the Saints' aggressive aerial attack. Colston will turn 29 in June.
PREVIOUS CONTRACTS
2009-2011
Team:New Orleans Saints
Contract: 3 yr(s) / $7,950,000
Free Agent Type:UFA
2009: 2,250,000
2010: 2,700,000
2011: 3,000,000
Signing Bonus: $5 million
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2006-2008
Team:New Orleans Saints
Contract: 3 yr(s) / $1,159,600
Free Agent Type:RFA
2006: 275,000
2007: 360,000
2008: 500,000
Signing Bonus: $24,600
TRANSACTIONS (Contract history)
Mar 13 2012
Signed a 5 year contract with New Orleans (NO)
Jul 24 2008
Signed a 3 year $7.95 million contract with New Orleans (NO)
Jul 14 2006
Signed a 3 year $1.159 million contract with New Orleans (NO)
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