The #Saints are not expected to tender RFA wide receiver Marquez Callaway, per source. Returning to New Orleans is still an option. But he’s set to hit unrestricted free agency. Had 1,069 yards and 7 TDs in three years with N.O.
— Jeremy Fowler (@JFowlerESPN) March 12, 2023
This isn’t totally unexpected, but it’s still worth noting: the New Orleans Saints are not expected to issue a restricted free agent tender to wide receiver Marquez Callaway prior to the start of the new league year on Wednesday, per ESPN’s Jeremy Fowler. Callaway led the Saints with 698 receiving yards and 6 touchdown catches in 2021 (with his 46 receptions ranking second-most behind Alvin Kamara’s 47) but saw a reduced role in 2022 following the additions of Chris Olave, Rashid Shaheed, and injury-shortened appearances by both Michael Thomas and Jarvis Landry.
It’s disappointing to see the team not make a stronger effort to retain someone who has played well in the past, but that might not make sense with the cost involved. The lowest RFA tender costs a fully-guaranteed $2,627,000 against the salary cap in 2023, and it only gives the Saints the right to match any contract offers Callaway gets from other teams — something they may be able to do anyway if they’re on good terms with his agent.
Still, this suggests he isn’t a big part of their plans moving forward. The receivers under contract with the Saints in 2023 include Olave, Shaheed, Tre’Quan Smith, Kirk Merritt, Kawaan Baker, and Kieth Kirkwood. New Orleans has had productive talks with Thomas on a contract extension but Landry is expected to hit free agency (as is Deonte Harty). If Callaway leaves for a new team, the Saints will not receive a compensatory draft pick for him because of his restricted status.
