Former Carolina Panthers safety Kurt Coleman reached a three-year agreement early Saturday with the New Orleans Saints, a source told ESPN’s Adam Schefter.

New Orleans is expected to lose free-agent safety Kenny Vaccaro so Coleman will stay in the NFC South with his acquisition by the Saints. The Panthers released Coleman on Feb. 26, clearing $2.65 million in salary-cap space.

Coleman, who will turn 30 in July,  joined the Panthers as a free agent in 2015, leading the team with seven interceptions. He had only four interceptions in 2016 and none last season but was named a team captain for the first time.