He was officially, released by the Saints yesterday. (He was set to become a free agent anyways) He might be a nice TE pickup. If I remember right he has good size and good speed for the position. Caught 16 TDs in two years for them
If we still want to be "in the window", he's going to have to pay quite a few guys in the coming years. Q, Smith, Leonard, Willis, Bobby, and a few more, will be getting big contracts. Q will be the highest paid lineman in the league most likely.
Ballard is a bright guy. He's not going to sacrifice the future. I think he'll get what he thinks he can't get in the draft, but won't break the bank.