Chargers signed CB Derek Cox, formerly of the Jaguars, to a three-year contract.

One of the better young cover corners in football, Cox signed with the Bolts before making a scheduled trip to New Orleans. He was drawing interest from all around the league. Cox has picked off four passes in three of his first four NFL campaigns, but has also missed three or more games each of the past three seasons. He should specialize in press coverage in new DC DC John Pagano's system.

Free agent CB Derek Cox has lined up visits with the Saints and Chargers.

It's the first time he's been linked to the Saints. Cox is also expected to draw interest from the Redskins, and hasn't been ruled out in Jacksonville.

An "industry source" tells the Florida Times Union free agent CB Derek Cox will likely command a deal worth roughly $24 million over four years.

So $6 million annually. The "industry source" is presumably someone who knows about NFL contracts, has a grasp of Cox's value, and isn't his agent. The Bucs, Redskins, and Jaguars are each known to have at least some interest in Cox.