ENGLEWOOD, Colo. (AP) — The Denver Broncos have agreed to a deal with the New Orleans Saints that will make Sean Payton their head coach, a person with knowledge of the accord said Tuesday.

The person, who spoke to The Associated Press on condition of anonymity because the teams hadn’t announced the agreement, said the Broncos would send their first-round pick, No. 29 overall, in this year’s draft to the Saints along with a future second-rounder. Denver also will receive a third-round pick in the trade.

Payton remained under contract with New Orleans after stepping down from the Saints last year and working in broadcasting this season.

Payton, 59, went 152-89 in 15 seasons with the Saints and 9-8 in the playoffs. He led New Orleans to a 31-17 win over the Indianapolis Colts in the Super Bowl following the 2009 season. He stepped away last year when quarterback Drew Brees retired.

The Broncos, who went 5-12 in 2022 and extended their playoff drought to seven years, fired rookie coach Nathaniel Hackett on Dec. 26 after he went 4-11. Interim coach Jerry Rosburg went 1-1.

Payton’s top task will be to get quarterback Russell Wilson back to his winning ways after the 11-year pro had his worst statistical season following his blockbuster trade from Seattle for four premium draft picks and three players.

The Seahawks reached the playoffs under QB Geno Smith in their first year without Wilson, and now they own the Broncos’ No. 5 overall selection in the draft in April.

The Broncos got back into the first round by trading pass rusher Bradley Chubb at midseason to the Miami Dolphins, who sent the Broncos a first-rounder originally owned by the San Francisco 49ers.

That selection, the 29th overall pick, now belongs to the Saints.

Payton was the headliner during this year’s cycle of head coach openings. Just five teams were searching for coaches: the Broncos, Texans, Panthers, Colts and Cardinals.

The Broncos conducted an extensive search, beginning with a virtual visit with Jim Harbaugh, who decided to stay at the University of Michigan. Also considered were Dan Quinn, DeMeco Ryans, Raheem Morris, Ejiro Evero, Jim Caldwell and David Shaw. The Texans hired Ryans on Tuesday.

NFL rules didn’t allow the Broncos to speak with Payton until Jan. 17, more than three weeks after they’d fired Hackett.

Team owner and CEO Greg Penner led the search with assistance from limited partner Condoleezza Rice and general manager George Paton.

Paton led last year’s search and landed on Hackett, one of several decisions that backfired on him in 2022 as Hackett became just the fifth head coach in NFL history not to survive his first season.

Others were the $70 million contract he gave to free agent Randy Gregory, who played in six games and recorded a pair of sacks, and the $245 million contract extension he gave to Wilson before the opener.

Wilson threw a career-low 16 touchdown passes and was sacked a league-leading and career-high 55 times in 15 games for Denver. He has vowed to do everything he can to bounce back in 2023.

Wilson played well for two weeks under Rosburg, giving the team hope that his poor performances last season were an aberration and that maybe his skill set was just a bad fit in Hackett’s offense.

Penner, his wife, Carrie Walton-Penner, and her father, Rob Walton, purchased the Broncos last summer for $4.65 billion, a global record for a professional sports franchise. But the team turned out to be more of a fixer-upper than they expected.

“When we purchased this great franchise in August, this is not the season we were expecting,” Penner said after firing Hackett. “I want to personally apologize to our fans and all of Broncos country. We know that we need to be better and we will.”