As of right now, it appears that Colston may be remaining a Saint in 2012.
According to a report, Colston and the Saints are "working hard" on finishing a deal. The report also goes on to indicate that Colston wants to remain a Saint. He could be taking some sort of a hometown discount in order for the team to pay guys like Brees, who isn't very happy with his franchise tag.
Colston caught 80 passes for 1,143 yards and eight touchdowns in just 14 games last year. His best season came back in 2007 where he reeled in 98 passes for a whopping 1,202 yards and 11 touchdowns.
The 6'4" 225-pounder is turning 29 this summer and certainly has a ton left in the tank as he's right in the middle of his prime as an NFL receiver.
Be sure to check out Tony Santorsa's blog: PatriotsPlus.