The Saints released Vereen (undisclosed) from injured reserve with an injury settlement Thursday, per the NFL's transaction log.

EDGE Analysis

The reason for Vereen's placement on IR on Aug. 31 was never revealed, but the running back will recover away from the team for an unknown amount of time. Once the terms of the settlement are up, he'll be eligible to re-sign with the Saints. Before then, though, he can join another organization.

The Saints will place Vereen on injured reserve, Nick Underhill of The New Orleans Advocate reports.

EDGE Analysis

Vereen's 53-man roster status was precarious before the cuts, but it appears he's battling an issue that could keep him out the remainder of the season. There's a chance to two sides reach an injury settlement in the near future as well, which would free him to sign with another team.

Vereen caught each of his three targets for 14 yards in Friday's preseason game against Arizona.

EDGE Analysis

Vereen logged 14 snaps on offense, with his first reception coming shortly before halftime. Though he hasn't generated any buzz since signing with the Saints a month ago, the 29-year-old could land on the 53-man roster if the team doesn't trust Jonathan Williams or Boston Scott to handle passing downs in the event of an Alvin Kamara injury. Williams seems to be winning the battle for the No. 2 running back job during Mark Ingram's four-game suspension.

Vereen is joining the Saints, Mike Garafolo of NFL Network reports.

EDGE Analysis

The Saints have been looking at veteran running backs ever since the announcement of Mark Ingram's four-game suspension, previously showing interest in the likes of DeMarco Murray and Jamaal Charles. The team ultimately settled on Terrance West and now Vereen, a pass-catching specialist who averaged just 3.6 yards on 45 carries and 5.8 yards on 44 receptions for the Giants last season. The Saints likely will give Alvin Kamara more work on early downs while Ingram serves his suspension, potentially opening up a few snaps for Vereen in obvious passing situations. The 29-year-old will first need to earn a spot on the 53-man roster, competing with West, Boston Scott, Trey Edmunds, Jonathan Williams and Daniel Lasco (neck) for what likely will be two or three jobs.

Vereen remains unsigned, NJ.com's Ryan Dunleavy reports.

EDGE Analysis

Vereen should eventually find a chance to compete for a roster spot, but he's unlikely to secure much in the way of guaranteed money after averaging just 3.6 yards per carry and 5.8 yards per reception last season for the Giants. The 29-year-old passing-down specialist hasn't done much of note since 2015.

Vereen had his usual modest day Sunday with only 15 snaps and three carries for 14 yards. He failed to catch either of his two targets.

EDGE Analysis

It's unclear what the future holds for Vereen as he's a free agent this offseason and turns 29 in March. Usually, third-down backs (think Danny Woodhead, Darren Sproles) age better than workhorses, so there might be some demand for Vereen's services. Wherever he lands, it can hardly be worse than the offense in which he played in 2017.

Vereen had an oddly symmetrical but unproductive day with five carries for 15 yards and five catches for 15 yards against the Eagles.

EDGE Analysis

Wayne Gallman has taken over as the Giants leading runner and pass-catching back, so Vereen is left to chip in at the margins.

Vereen had six carries for 23 yards, four targets, three catches and 24 receiving yards.

EDGE Analysis

Vereen is maintaining a minor role as the third-string runner and sometime third-down back.

Vereen had two carries for 13 yards and caught all three of his targets for 15 yards Sunday against the Chiefs.

EDGE Analysis

Orleans Darkwa has firmly taken over the team's starting job with Vereen splitting the backup duties with Wayne Gallman and seeing some work on third downs.

Vereen had five carries for 11 yards and four catches for 27 yards.

EDGE Analysis

Vereen's role had shrunk the last few games, but he saw more snaps Sunday and got back involved as a pass catcher. As a third-down back, his ceiling is limited, especially in this offense.