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Old 03-01-2012, 10:20 AM  
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mvtrucking mvtrucking is offline
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New Orleans Saints will restructure defensive end Will Smith's contract



Full Story – Nola.Com


The New Orleans Saints will restructure defensive end Will Smith's contract to create salary cap relief, a league source confirmed. Much of Smith's 2012 salary is likely to be converted into a signing bonus, but he will still make the same amount of money.

Smith was due to receive $7 million base salary this season, plus $1 in roster bonus and $150,000 workout bonuses. His salary cap figure would have been $10.15 million. It's unclear what his new cap figure will be.

Clearly, the Saints still value the 30-year old defensive end out of Ohio State, who has been their most productive defensive lineman throughout most of his career. They need to play with the numbers, which is a common practice in the NFL.

By Mike Triplett / Times Picayune

Full Story – Nola.Com

 


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