Tyrann Mathieu is heading home. The Pro Bowl safety is expected to sign with the New Orleans Saints in the coming days, according to the NFL Network. Mathieu had a pre-draft visit with the Saints and reports surfaced following the 2022 NFL Draft that the club was going to resume its pursuit of him after they were unable to add at that position over the weekend. Now, that pursuit is going to culminate with the 29-year-old soon inking a deal.
The reason Mathieu may not immediately be signing with the Saints is due to the compensatory pick formula, which is set to expire at 4 p.m. ET on Monday. After that point, unrestricted free agents no longer count against the formula, which creates an even easier path for veterans like Mathieu to find homes across the league.
Once the Saints finalize their deal with Mathieu, he’s expected to land a three-year, $33 million deal, per ESPN. Mathieu will receive $18 million fully guaranteed as the deal will make him tied with Quandre Diggs for the ninth-highest paid safety in the game and the 12th-highest in guaranteed money.
New Orleans saw both of its starting safeties depart the organization this offseason with Malcolm Jenkins retiring and Marcus Williams inking a deal with the Baltimore Ravens in free agency. For Mathieu, that hole in the Saints secondary puts him in an ideal situation where he’ll be penciled in as a starter alongside fellow safety Marcus Maye, whom the club signed in free agency.
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