Report: Champ to New Orleans

According to multiple reports, Champ Bailey has agreed to a two-year deal with the Saints.

Denver cut the legendary corner a month ago to avoid paying him a $1M roster bonus and $9M salary.

As was astutely pointed out by reader brettrelax the other day, Champ, DeMarcus Ware, and Will Montgomery will not factor into whether the Broncos gain a compensatory pick next offseason.

Those three players were cut loose, and only expiring contracts count toward comp picks.

Doug is IAOFM’s resident newsman and spelling czar. Follow him on Twitter @IAOFM