Saints coach Sean Payton agrees to 5-year contract extension _lowres

Advocate staff photo by MATTHEW HINTON--New Orleans Saints head coach Sean Payton announces his future as staying as head coach as Mickey Loomis, Greg Bensel, and owners Gayle and Tom Benson watch at the Saints training facility in Metairie, La. Wednesday, Jan. 6, 2016.

NFL free agency officially begins Wednesday at 3 p.m.

The New Orleans aren't exactly flush with salary cap space, but don't rule them out from making an early move.

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