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Sources: Broncos reach deal with Saints for Sean Payton

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By Jeff Legwold | ESPN Senior Writer

ENGLEWOOD, Colo. -- Denver Broncos owner and CEO Greg Penner said at the start of the team's coaching search he wanted a "strong leader for this organization,'' and Tuesday sources told ESPN the Broncos had agreed to a trade with the New Orleans Saints to make Sean Payton the 19th head coach in the franchise's history.

Because he had signed an extension with the Saints, in 2019, that was set to run through the 2024 season, the Saints and the Broncos had to negotiate compensation for Denver to sign Payton as their head coach.

The Saints will receive the Broncos' 2023 first-round pick (No. 29 overall) and their 2024 second-round pick for Payton and the Saints' 2024 third-round selection, sources told ESPN's Adam Schefter.

The Broncos are also expected to now make Payton one of the highest-paid head coaches in the league.

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