A person familiar with the situation says the New York Jets and newly acquired running back Chris Ivory have agreed in principle to a three-year, $10 million deal.
The deal Saturday comes after the Jets traded a fourth-round draft pick to the New Orleans Saints on Friday night. The person spoke to The Associated Press on condition of anonymity because the team hadn't announced the contract.
NFL Network first reported the contract.
Ivory has a shot at being the Jets' starter in a backfield that includes Bilal Powell, Joe McKnight and recently signed Mike Goodson.
Ivory, undrafted out of Tiffin in 2010, rushed for 217 yards and two TDs on 40 carries last year. He was stuck on the Saints' depth chart behind Mark Ingram, Pierre Thomas and Darren Sproles.