Saints RB Chris Ivory signed his one-year, $2 million tender as a restricted free agent, the team announced Friday, the precursor to a possible trade with the Jets. There are strong indications the trade will happen.
Ivory took a recent free-agent visit to the Jets, who are looking for another back. They never entertained the idea of signing him to an offer sheet (they would've had to compensate the Saints with a second-round pick), but they remain interesed in trading for him at lower compensation. The Jets might be willing to part with a fifth-round pick; whether that's enough remains to be seen.
Now that he's officially under contract, Ivory can be dealt. The Jets could try to sign him to a long-term deal, which would make sense. Why give up a draft pick for a one-and-done player when you could have a draft pick for at least four years?