Does Ty Montgomery have a legit shot to make the roster?

I was excited when I saw that we signed Ty Montgomery. I thought that we finally have a compliment to AK and can really confuse the defense if they are on the field at the same time. Considering how late in the game we brought him in, I am curious if the Saints intentions are to really utilize him or "kick the tires" situation.

Over the last few years we've only carried 3 running backs. If we decide to keep him, will we cut Washington? In 2018 we signed Shane Vereen, but he didn't make it past preseason. Is Montgomery another Vereen situation?
By the time we signed Vereen he had basically had his wheels run off by the Pats. He was done, but our staff will almost always turn over ever possible rock to see what they can find. I dont think thats the case with Ty. Will he start? That depends alot on how camp goes but I think he earns a spot on the roster.