Free agent running back Adrian Peterson is nearing a deal with the New Orleans Saints, according to multiple media reports.
Peterson told ESPN on Tuesday that the he is signing a one-year deal, with a one-year option for 2018.
He will receive $3.5 million guaranteed when he signs the deal, $1 million of it is his base salary for guaranteed salary for 2017 and $2.5 million of the salary comes in form of a signing bonus.
"I am excited to be joining the New Orleans Saints," Peterson told ESPN.com. "I'm really looking forward to this opportunity. Most importantly, I chose this team because it just felt right within my spirit. Additionally, my wife and family added their confirmation with the same feelings.
Peterson, 32, was released by the Minnesota Vikings after 10 seasons with the team. Peterson ran only 37 times for 72 yards last season after tearing his meniscus in a September game.
Peterson became an unrestricted free agent after Minnesota declined to pay a $18 million team option.
Peterson also visited with the Seattle Seahawks and the New England Patriots.
He led the NFL in total rushing yards and rushing yards per game in 2015, one year after he missed 15 games due to a suspension for child abuse charges.
Peterson, a four-time first-team AP All-Pro and seven-time Pro Bowler, has rushed for 11,747 yards and 97 touchdowns in his career.
The Saints and the Vikings will meet in Minneapolis in Week 1 on Monday Night Football.
- Chris Chavez and Scooby Axson