The Chicago Bears have signed TE Josh Hill.
Hill is a restricted free agent of the Saints. New Orleans has five days to match the offer sheet, which is for three years at close to $2 million per season.
The Saints gave Hill the lowest RFA tender, so the Bears would not have to send draft pick compensation to New Orleans if the offer is not matched. Hill was drafted while current Bears GM Ryan Pace was working in the Saints' front office, so there's familiarity there.
The Saints currently have less than $1.3 million in cap space, and their recent acquisition, LB James Laurinaitis, has yet to come off the books, so it's highly unlikely they'll match Chicago's offer.
Hill visited the Bears last Friday. Obviously the meeting went well.
Hill, a three-year NFL veteran, had a career-high 16 catches in 2015, for 120 yards and two touchdowns. He's not a big-time weapon in the passing attack, although he did have 5 TDs in 2014, yet he's a quality edge blocker, an area in which the Bears are lacking.