Given a day to process the Devaughn Vele trade move and prepare his remarks, Broncos coach Sean Payton explained the combination of interest in Vele and a need to narrow down the receiver room led to the deal.

Peoples-Jones was officially released on Thursday, a day after the Saints traded a fourth and sixth-round draft pick to the Denver Broncos for Vele. Peoples-Jones did not have a catch in either of the Saints' first two preseason games.

The New Orleans Saints have a new wide receiver in town. There has been rumbling about the Saints needing more depth in the receiver room behind Chris Olave, Ra