NFL Network insider Jason La Canfora confirmed the move Saturday, citing a league source.
Sharper, a five-time Pro Bowl pick, started the season on the team's physically unable to perform list while he recovered from offseason microfracture surgery on his left knee.
Sharper practiced with the team this week without any setbacks and made it clear he was on the way back with a text message to The Times-Picayune on Saturday that read: "Glad to be back. WHODAT!"
The Associated Press contributed to this report.