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Saints Sign NFL Draft Picks Sheldon Rankins, Michael Thomas and Daniel Lasco

Three players released to to make room for rookies.

Joe Robbins/Getty Images

The New Orleans Saints officially signed three of their 2016 NFL Draft picks today. First round pick Sheldon Rankins, second round pick Michael Thomas, and seventh round pick Daniel Lasco all inked four-year deals today. Man I do love this simplified rookie contract system.

The team also already has 15 of their 19 undrafted free agents officially signed.

To make room on the roster for the new players, the Saints released RB Vic Ballard, DE Phillip Hunt and FB Toben Opurum.

According to the NFLPA the Saints are currently $2,067,845 under the salary cap.