Tyrann Mathieu has agreed to a three-year, $33 million deal with the New Orleans Saints, according to Adam Schefter of ESPN.

Schefter noted the deal, which still needs to be finalized, will include $18 million fully guaranteed.

Ian Rapoport of NFL Network previously reported a deal was expected to be finalized "in the coming days."

The veteran safety fills a significant need for New Orleans, which failed to address the position in the 2022 NFL draft.

The 29-year-old lived up to his last three-year contract with the Kansas City Chiefs, earning first-team All-Pro honors in both 2019 and 2020. He was selected to his third career Pro Bowl in 2021 after totaling 76 tackles, three interceptions, three fumble recoveries and one sack.

Kansas City signed the safety to help fix a defense that finished 24th in the NFL in points allowed in 2018. The unit turned things around with Mathieu anchoring the secondary, ranking in the top 10 in points allowed the past three years. The Chiefs also reached the Super Bowl in consecutive seasons, winning one title.