Colston plans to continue to rehab a shoulder injury that he is dealing with for about another month before he considers his next move, pennlive.com reports.

EDGE Analysis

"Once I'm done with rehab, I'll see what's out there," Colston said Friday with regard to his plans now that he's a free agent after having been released by the Saints this offseason with a failed physical designation. Colston, who turned 33 in August, is coming off a 2015 season in which he recorded career lows in catches (45) and yards (520) while suiting up for 13 games last season. Per the report, Colston "looks in shape" at this stage, but the veteran wideout notes that right now there's "no rush" for him to make a call on his 2016 playing status.

The Saints have terminated Colston's contract with a "failed physical" designation, NFL Network's Albert Breer reports.

EDGE Analysis

The move was expected, though as long as Colston can re-establish his health this offseason, he'll look to catch on elsewhere with a team looking to add some veteran depth at wideout. He's coming off his least productive NFL season, having caught just 45 passes for 520 yards and four TDs in 13 games in 2015, but in the right landing spot, we suppose that Colston -- who turns 33 in June -- could attain a level of fantasy utility in 2016.

Colston will likely be released in the coming days, ESPN's Mike Triplett reports.

EDGE Analysis

Coming off the worst season of his 10-year career, the 32-year-old Colston is an obvious candidate to be released. The team might have interest in bringing him back at a lower salary, but it's also possible the Saints would prefer to use the roster spot on a younger wideout. Assuming he chooses to continue his career, Colston is unlikely to find anything more than a bit role, be it in New Orleans or elsewhere.

Colston caught 45 passes on 67 targets for 520 yards and four touchdowns in 13 games this season.

EDGE Analysis

Colston's tenth season in a Saints' uniform was by far his worst, as he set career lows in receptions, receiving yards, and touchdowns. Colston missed the Saints' final two games, and as the season progressed, he lost significant playing time to second-year pro Willie Snead. Although he's signed through 2016, the long-tenured Saint could be a cap casualty this offseason.

Colston (chest) has been ruled out for Sunday's game against the Falcons.

EDGE Analysis

With Colston out for a second straight week, Brandon Coleman will join Brandin Cooks and Willie Snead in three-wide formations. Colston should be healthy long before training camp, but he'll probably have to accept a pay cut if he wants to stay with the only team he's ever played for. Even then, the Saints may just prefer to move on.

Colston (chest) didn't take part in Wednesday's practice, the Saints' official site reports.

EDGE Analysis

Colston hasn't practiced since taking the field in Week 15, as a chest injury is currently plaguing him and forced his second absence of the season this past Sunday versus the Jaguars. As a result, his practice participation will be of interest in advance of Sunday's season finale in Atlanta.

Colston (chest) is inactive for Sunday's game versus the Jaguars, Evan Woodbery of the New Orleans Times-Picayune reports.

EDGE Analysis

Unable to practice this week due to a chest injury, Colston will rest up with one game remaining on the 2015 slate. Because Drew Brees will attempt to play through a torn plantar fascia, the remaining receiving options, namely Brandin Cooks, Willie Snead, Brandon Coleman, and Ben Watson (knee), may have their work cut out for them.

Colston (chest) is not expected to play Sunday against Jacksonville, NFL.com's Rand Getlin reports.

EDGE Analysis

Though Colston was listed as questionable on the Saints' Friday injury report, Getlin is reporting that the veteran wideout will not be able to play Sunday against the Jaguars. Owners should wait for further confirmation from the team before removing him from their lineups, but if Colston is ultimately unable to play Sunday, look for Brandin Cooks and Willie Snead to see the bulk of the targets while Brandon Coleman or tight end Ben Watson could see a slight bump in targets.

Colston (chest) is listed as questionable for Sunday's game against the Jaguars.

EDGE Analysis

Colston has been slowed by a chest injury this week, and the Saints will not make a final call on his Week 16 status until sometime Sunday. Starting quarterback Drew Brees (foot) is also listed as questionable for Week 16, so it remains to be seen both if Colston will play, and who will be throwing him the ball if he does.

Colston (chest) was a non-participant in Wednesday's practice, Evan Woodbery of the New Orleans Times-Picayune reports.

EDGE Analysis

Colston hasn't experienced a marked increase in targets of late, but visits to the end zone have become more frequent over the last two games, as he's hauled in eight of 12 passes for 75 yards and three touchdowns. Facing a chest injury, his activity level at practice will be of interest this week, though the health of his long-time partner in crime, Drew Brees (foot), will likely have more of an impact on Colston's potential to produce.