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The deal is done. Ellis will get $19.5 million guaranteed for five years. The rest of the money totals $49 million, but reportedly includes some hard-to-reach incentives that bring its value closer to $32 million. By comparison, sixth-overall pick Vernon Gholston, who went one pick ahead of Ellis, got a total of $50 million over five years, with $21 million guaranteed.

The Saints traded up from 10th overall to the Patriots' spot at seven to select Ellis, who will start at nose tackle. He's expected to be the anchor of a revamped defense and will be responsible for clearing traffic for Jonathan Vilma.

Sedrick Ellis Signs with the Saints - NFL FanHouse