That perfect world envisioned by Saints G.M. Mickey Loomis may be emerging, sooner than a later.

A source with knowledge of the situation tells PFT that the Saints and receiver Michael Thomas are “close” to getting a deal done that would end his unexpected holdout.

The characterization comes at a time when chatter has emerged that the Saints could trade Thomas in lieu of signing him; the source dismissed that possibility.

Of course, “close” doesn’t mean done. One or both sides will need to move in order to close the gap and do the deal. It appears, based on scattered bits and pieces we’ve gleaned, that the contract would be a five-year extension, and that the question is whether it will be worth $19 million per year or $20 million per year.