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Report: Saints sign RB Betts as insurance

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By PFW staff

The Saints have signed free-agent RB Ladell Betts to a one-year contract, a source told The former Redskin provides New Orleans with insurance after backup RB Lynell Hamilton suffered a torn ACL in the team's preseason-opening game last Thursday.

Betts will join a backfield that includes starter Pierre Thomas and multiple threat Reggie Bush. The ninth-year veteran had worked out for New Orleans two weeks ago but wasn't signed at that time.

According to the source, Betts will receive a $755,000 base salary, a $50,000 signing bonus and could earn up to $1 million with incentives.

Betts rushed for 1,154 yards as a Redskin in 2006, but his number of carries dropped significantly in subsequent seasons. Washington released him in March.


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