The Broncos are set to hire Sean Payton as the next head coach in Denver, according to multiple reports.

Payton has interviewed with several teams in recent weeks after spending the 2022 season as an analyst for Fox.

Sean Payton, former head coach of the New Orleans Saints, during the third quarter of an NBA game between the Dallas Mavericks and the New Orleans Pelicans at the Smoothie King Center on October 25, 2022 in New Orleans.
(Sean Gardner/Getty Images)

Now, the Broncos will pair a Super Bowl-winning coach with quarterback Russell Wilson after going 5-12 in 2022.

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Because Payton resigned as head coach of the New Orleans Saints after the 2021 season while still under contract, New Orleans requires compensation from any team Payton signs with.

The Broncos will send a 2023 first-round pick and next year’s second-round pick to New Orleans, and Denver will receive a 2024 third-round pick from New Orleans, according to ESPN.

The Broncos’ hiring ends weeks of speculation as Denver tried to find the right head coach to pair with Wilson.

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The Broncos parted ways with first-year head coach Nathaniel Hackett after just 15 games in which Denver went 4-11. The offense struggled badly in Wilson’s first year in Colorado, scoring just 16.9 points per game, last in the NFL.

Denver Broncos quarterback Russell Wilson (3) on the field after a win against the Los Angeles Chargers at Empower Field at Mile High on January 8, 2023, in Denver, Colorado.

Denver Broncos quarterback Russell Wilson (3) on the field after a win against the Los Angeles Chargers at Empower Field at Mile High on January 8, 2023, in Denver, Colorado.
(Dustin Bradford/Icon Sportswire via Getty Images)

Payton had made it clear throughout the 2022 season that he was still interested in coaching, although he was looking for the right situation.

«I really enjoy what I’m doing right now,» Payton said in September on the «New Orleans.Football» podcast. «Maybe more than I thought. If the right situation came along, Mike, I’d definitely be interested. And there’s no utopia, if you will, when it comes to teams. If I felt it was the right situation, there would be an interest in it. «.

Head coach Sean Payton of the New Orleans Saints before a game against the Atlanta Falcons at Mercedes-Benz Stadium on January 9, 2022 in Atlanta.

Head coach Sean Payton of the New Orleans Saints before a game against the Atlanta Falcons at Mercedes-Benz Stadium on January 9, 2022 in Atlanta.
(Todd Kirkland/Getty Images)

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In his 15 seasons with New Orleans, Payton went 152-89, made the playoffs nine times and won Super Bowl XLIV in 2010.

He is the all-time leader in games coached, wins and playoff wins in New Orleans franchise history.