The New Orlenas Saints plan to apply the first-round tender to quarterback Taysom Hill, a pending restricted free agent, per a report from ESPN’s Adam Schefter. This one-year, fully-guaranteed contract is estimated to be worth between $4 and $6 million (Schefter clarified that the total is expected to fall in the middle, near $5 million), and will allow the Saints to match any contract offers Hill receives from other teams. If they decline to match an offer sheet, the Saints will recoup a first-round draft pick from the team that signs Hill away.
It’s not really unexpected given the length to which Saints coach Sean Payton has talked up Hill this offseason, doubling down on the notion that he and the team view Hill as franchise quarterback material.