Saints sign Sean Payton to five-year contract extension

The Saints finalized their long-announced contract extension with Sean Payton on Wednesday, announcing on their website that the coach has signed a five-year extension through 2017. Financial details of the deal were not disclosed.

“I am excited that we have finalized this contract with Sean,” Saints Owner/Chairman of the Board Tom Benson said on the team's website. “He has been a great leader for our organization. He and Mickey (Loomis) have built a foundation of success as they have built the roster. We have already begun preparations for the 2013 season and I look forward to getting Sean back in the building as soon as possible, as I know our fans do as well.”

Payton has led the Saints to three NFC South division titles and four postseason appearances and one Super Bowl victory since being hired in 2006. He is currently serving a one-year suspension from the National Football League because of his involvment in the team's bounty scandal.

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