Colston latches on to three-year extension
Saints reward their leading receiver
Thursday, July 24, 2008By Mike Triplett
JACKSON, MISS. -- So much for the calm before the storm.
Wide receiver Marques Colston agreed to a three-year contract extension with the Saints on Wednesday as players reported for training camp on the campus of Millsaps College. It was the Saints' second major transaction in an action-packed week that began with the arrival of tight end Jeremy Shockey.
Terms of Colston's extension, which runs through the 2011 season, were not disclosed. But Saints General Manager Mickey Loomis and Colston's agent, Joel Segal, both described the deal as a "bridge" between the 25-year-old's original rookie contract and the next contract he'll have an opportunity to sign before he turns 30.
"It truly is a win-win for both Marques and the Saints. That's the best kind of deal," said Segal, whose client was scheduled to earn $445,000 this season.
"I'm excited about it," Loomis said. "It's really a tribute to how well Marques has done for us. Clearly he's been very productive, a nice surprise and a great story for us."
Colston, a seventh-round draft pick out of Hofstra in 2006 who has developed into a star, has 168 receptions for 2,240 yards and 19 touchdowns in his two seasons. He will speak to reporters after the Saints' first practice this morning.
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