Former Carolina Panthers safety Kurt Coleman reached a three-year agreement early Saturday with the New Orleans Saints, a source told ESPN's Adam Schefter.
Coleman stays in NFC South at a time when New Orleans is expected to lose free agent safety Kenny Vaccaro.
The Panthers released Coleman on Feb. 26, clearing $2.65 million in salary cap space.
Coleman, who will turn 30 in July, signed a three-year extension with the Panther in 2016 worth $17 million with $7 million guaranteed.
He originally joined the Panthers as a free agent in 2015, leading the team with seven interceptions.