He said the Saints feel "decent" about their salary-cap situation, which includes enough wiggle room to add one or two impact players in free agency. But they also want to re-sign a handful of their own unrestricted free agents.
He said they've had some "preliminary discussions" with the agents for defensive end Will Smith, receiver Marques Colston and guard Jahri Evans, all of whom are heading toward free agency in 2009.
And he was noncommittal about tailback Deuce McAllister's future, saying the Saints don't need to decide about the rehabbing running back until at least March, when he is due a $1 million roster bonus.
In general, Loomis sounded cautiously optimistic about these next few months, believing that the Saints have a good foundation and aren't that far removed from the team that played in the NFC championship game last season. Here are some of the highlights from his state-of-the-team address: