The Saints and wide receiver Michael Thomas are close on a new deal, Mike Florio of PFThears. This was more or less what we heard late last week, but, at long last, the two sides sound like they’re at the goal line. 

Thomas has been holding out of Saints camp as he awaits a new deal, much to the chagrin of GM Mickey Loomis. Florio senses that Thomas is gunning for $20MM/year on a five-year deal while the Saints have pitched $19MM/season. Still, there are structural and guarantee issues to be resolved.