Butler is currently a restricted free agent and has a first-round tender placed on him by the Patriots, which for now, he hasn't signed.
Malcolm Butler became a household name after making one of the greatest interceptions ever in Super Bowl XLIX. If the Saints and Butler are able to reach an agreement on a contract, they will then work a deal with the Patriots to trade for Butler.
Butler wants to get paid, but he's not going to get what he wants with the Patriots.
Last Friday, the Saints traded the 23-year-old to the New England Patriots, who boast arguably the greatest signal-caller in National Football League history in Tom Brady.
October 2015: Acquired defensive tackle Akiem Hicks from New Orleans in exchange for tight end Michael Hoomanawanui.
Looking at the moves one by one, there's actually a really easy answer, and one he gives often: [He's] just trying to do what's best for the team.
New Orleans traded their 23-year-old deep threat to New England last Friday along with a 2017 fourth-round draft pick for a first- and third-round pick this year. At a bargain price of $800,000, Ealy gives New England a solid pass rusher opposite Trey Flowers and comes much cheaper than Chris Long ($2.3 million last season) and Jabaal Sheard (signed this offseason for an annual average of $8.5 million).
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Not only are the Patriots loaded on offense, on defense they might be even better than their No. 1 scoring defense of 2016.
The best-case scenario is New Orleans getting five starters in this draft, but getting three starters out of five picks would be outstanding. Butler, 27, would make a salary of $3.91 million in 2017 if he signs the tender.
The signing of Gilmore may signal the end of Malcolm Butler's career with the Patriots, as the two sides have been unable to come to a long-term extension.
NFL Network's Ian Rapoport reported the Saints have begun negotiations on a new contract for Butler and hope to strike a deal this week. Key linebacker Dont'a Hightower is still a free agent, and according to ESPN's Mike Reiss, hasn't found the market he may have expected, possibly leading to a reunion with the Patriots.
"It's just a dream come true and a blessing to be able to have this opportunity now to play for them". The shortage in draft compensation would be worth it if the Patriots lock down their third Super Bowl in four years.
Adding a little intrigue to the move, at 5-foot-10, 189 pounds, Cooks is comparable in size and speed to former Patriots receiver Deion Branch (5-foot-9, 191 pounds, 4.47 40-yard dash), one of Brady's all-time favorite targets.