NFL Network Insider Ian Rapoport reported that the Saints agreed to a five-year contract with Lutz, per a source informed of the deal.
The team later confirmed the pact.
The 24-year-old was a restricted free agent and was never a threat to leave New Orleans. The Saints made sure he'll be around for years to come.
Lutz hit 28 of 30 field goal attempts in 2018, with a long of 54 yards, and nailed 52 of 53 extra point tries. Lutz has improved his field goal accuracy in each of his three seasons in New Orleans (82.4 as a rookie in 2016, 86.1 in 2017, 93.3 in 2018). His career 87.0 field goal conversion rate is the highest in team history.