Chris Ivory agreed to a three-year, $10 million contract with the New York Jets, who traded a fourth-round pick to the New Orleans Saints to acquire the third-year tailback Friday.
Ivory was a restricted free agent who visited with the Jets in early April. Because of his status, the Saints would have received a second-round pick that commanded a one-year, $2 million contract as compensation if they did not match an offer from the Jets. Instead, the two sides negotiated a trade.
Ivory rushed for 217 yards last season.
The Saints, who only had five picks entering the month's draft, are deep at running back. Ivory, the Saints' leading rusher in 2010 with 716 yards, was undrafted and has never been a fulltime starter in the NFL.
The Jets are looking to replace Shonn Greene, who signed with the Tennessee Titans. They added former Oakland Raider change-of-pace back Mike Goodson to a three-year, $6.9 million contract in March, but like Ivory's power-running ability.
Ivory has 256 rushes for 1,307 yards for his career, a 5.1-yards per carry average.