Two-time Pro Bowl wide receiver Emmanuel Sanders is signing a two-year deal with the Saints, according to ESPN's Josina Anderson.
According to ESPN's Adam Schefter, the agreement is for $16 million and can be up to $19 million.
Sanders, 32, was traded to the 49ers in the middle of last season. The SMU product was highly productive with the 49ers, recording 36 catches for 502 yards and three receiving touchdowns. He also threw a 35-yard touchdown against New Orleans, of all teams, in one of the best games of the regular season.