Chicago Bears' restricted free agent WR Cameron Meredith has signed a two-year offer sheet with the New Orleans Saints. The deal is worth $9.6 million (with incentives), and comes with $5.4 million in guaranteed money. The Bears have five days to match the offer or let Meredith walk.
Meredith missed all of last season with a torn ACL he suffered in the third week of the preseason, but he showed glimpses of potential during the 2016 season in which he caught 66 passes for 888 yards and four touchdowns. Those numbers, as well as the 97 times he was targeted that season, led all Bears receivers.
Whether he stays in Chicago, or moves to New Orleans to play with Drew Brees, a fully healthy Meredith should be a top-two or two-three receiver on his team and will be someone to consider late in fantasy drafts this summer.