The Saints have two receivers drawing heavy trade interest and another who has been dealt four times in a well-traveled career. New Orleans also turned to the trade market to acquire a wideout, having sent fourth- and seventh-round pick to obtain Devaughn Vele from the Broncos in August.
As the deadline nears, however, the Saints are 1-7. The team appears prepared to retain Chris Olave, who is under contract (via the fifth-year option) through 2026. At this point in his career, Brandin Cooks is unlikely to fetch much (if anything) in a trade. The former New Orleans first-round pick has not shown much in his return to Louisiana. This leaves Rashid Shaheed as the trade chip to monitor, and it does appear New Orleans is ready to seriously listen to interest.
Expecting at least one of the Saints’ wideouts to be traded by the Nov. 4 deadline, ESPN’s Adam Schefter points to Shaheed as the player interesting most WR-needy teams. With an Olave extension appearing more likely than a trade, Shaheed appears the consolation prize. The speedy Olave sidekick is in a contract year, and his production — in a trade market lacking big names — provides natural interest to clubs hoping to upgrade their respective situations. Teams have been in on Shaheed for multiple weeks.
The Saints are using Shaheed a bit differently this year. Having averaged at least 15.6 yards per catch in each of his first three seasons (and over 17 in two of them), the former UDFA is at just 11.1 per reception this year. The Weber State product, though, is on pace to smash his career high for receptions. He already has 39 grabs for 431 yards. The 2023 season (46 catches, 719 yards) represents his best thus far, but WR-needy teams are on the lookout. And Shaheed’s situation could be upgraded soon.
New Orleans has seen flashes from Spencer Rattler, but after last week’s benching, the team is transitioning to second-round rookie Tyler Shough. Olave, Cooks and Vele would represent a workable trio for Shough (even if Vele has disappointed post-trade), and compounded with the Dolphins keeping Jaylen Waddle out of trade talks, Shaheed could command a nice return for a Saints team in need of cost-controlled talent (as the restructure-heavy franchise’s annual cap troubles are coming again in 2026).
Coming up in our previous offering about Saints wideouts, the Bills, Broncos and Steelers are among the teams who have made calls on wideouts recently. Pittsburgh’s Marquez Valdes-Scantling pickup is unlikely to deter more trade interest from the AFC North leaders, and the Bills’ Week 8 dismantling of the Panthers did not feature much in the passing game. The Broncos did see Troy Franklin produce his best career game Sunday, but they do not have a consistent second option — even if Franklin is emerging — behind Courtland Sutton. Shaheed did not overlap with Sean Payton, but the Broncos’ roster has many ex-Saints, and Shaheed did play under Pete Carmichael (in a system closely resembling Payton’s offense) for two seasons. Carmichael is a senior offensive assistant in Denver.
Shaheed and the Raiders’ Jakobi Meyers may be the top options for receiver-focused teams. Both profile as rentals, though an acquiring team would obviously hold exclusive negotiating rights until the March tampering period, but Shaheed is two years younger. Playing an age-27 season, Shaheed will be a key free agent to monitor — that is, if an acquiring team does not extend him — come 2026.
The Saints will need to make a decision soon. They could collect a possible Day 2 pick for a player obtained after the 2022 draft. That would help the Mickey Loomis–Kellen Moore operation ahead of the 2026 draft.