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Posted at 01:15 PM ET, 03/13/2012

Marques Colston re-signs with Saints

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Take one name off the list of available free agent wide receivers. The New Orleans Saints have agreed to a five-year deal with their wideout, Marques Colston, according to a Fox Sports report.

The deal is worth a total of $40 million with roughly half the money guaranteed.

That leaves the San Diego Chargers” Vincent Jackson - believed to be Washington’s top target - and the Indianapolis Colts’ Pierre Garcon as the best available free agent wideouts.

More on free agency:

Redskins expected to be active despite $36 million hit

Redskins must absorb half of hit this year

Redskins release Oshiomogho Atogwe

Redskins cut Mike Sellers

By  |  01:15 PM ET, 03/13/2012

Next: Redskins Mailbag: Mike Shanahan's future, Griffin's knee, running backs and more

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