Wallace wasn’t willing to wait for them to make up their mind, however. The Saints announced Monday that they have signed Wallace.
Wallace joins the recently signed Luke McCown as options to back up Drew Brees after the Saints lost Chase Daniel to the Chiefs as a free agent. Wallace was released by the Browns at the end of the 2012 preseason and has made 21 starts over the course of his nine years with Seattle and Cleveland. Wallace worked out for Seattle before his flirtation with the Raiders, but the Seahawks opted to sign Brady Quinn as their backup to Russell Wilson.
Assuming the Saints feel comfortable with their veteran backup duo, they could look for a developmental quarterback toward the end of the draft or they could repeat what they did with Daniel and pick up an undrafted rookie to groom into a backup role. As for the Raiders, they’ll have to look elsewhere (Tyler Thigpen, Vince Young and Troy Smith have also worked out in Oakland) if they want a veteran to go with Matt Flynn and Terrelle Pryor.