Albert Elias, the agent for former Patriots cornerback Randall Gay, confirmed that Gay has agreed to sign with the New Orleans Saints. As first reported by the New Orleans Times-Picayune and the NFL Network, Gay got a four-year deal that could be worth a maximum of $17.6 million with about $6.4 million in guarantees.
Gay got a $3.75 million signing bonus and will have a $750,000 base salary for 2008.
But Elias said that Gay was sad to leave New England. He said that the Patriots deserved credit for Gay, who came to the team in 2004 as an undrafted free agent, cashing in because of the way they deployed him and developed him.
Playing for New Orleans represents a homecoming for Gay, a Louisiana native who played college ball at Louisiana State.
"New Orleans was our first choice other than New England," said Elias. "If we could not stay there and that became apparent yesterday that it was not going to work out, then New Orleans was our first choice. They showed the most interest in him and it was the best situation for him."
Elias said that the three teams that went hard after Gay were the Saints, Patriots and Buccaneers. Detroit, the Jets, and Seattle also expressed interest.
The 25-year-old Gay played in all 16 games last season for the Patriots, making three starts. He finished with a career-high three interceptions, which tied him for second on the team behind Asante Samuel and seven passes defended.