The Eagles have signed Saints restricted free agent RB Mike Bell to a one year, $1.7 million offer sheet.
Bell signed the offer sheet Tuesday night. He appears to be headed for a #2 RB job in Philadelphia. In New Orleans, he would be facing stiff competition from youngster Lynell Hamilton to win the #3 RB job.
The contract includes $500,000 in guaranteed money and with performance incentives, could net Bell over $2 million. That's potentially double what the Saints were willing to pay Bell in 2010, his low restricted free agent tender of $1.176 million.
The Saints will almost certainly decline to match the offer in seven days, and Bell will be an Eagle and the primary backup to LeSean McCoy.
UPDATE: The offer sheet was officially signed and submitted on Wednesday, March 17. The Saints have until Wednesday, March 24 to respond to the offer.