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Updated Saints salary cap space outlook after recent roster moves

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By John Sigler | Saintswire

The day is still young but the New Orleans Saints are hard at work in reaching salary cap compliance ahead of free agency. NFL Network’s Ian Rapoport reported a contract extension with safety J.T. Gray and a restructure of defensive tackle David Onyemata’s contract on Wednesday, which followed the re-signing of defensive end Noah Spence earlier this week. So where do the Saints stand against the salary cap now?

It’s still not good, but it’s not as bad as where they started. Right now, I have the Saints with more than $66.72 million to chip away before they’ll be under the salary cap. Here’s how I arrived at that number.

Previous moves — a pay cut from Drew Brees and the release of guard Nick Easton — combined to create $29.8 million in savings. Additionally, the Saints rolled over $4.1 million in unspent cap space from 2020. The NFL and the players union agreed to set the 2021 salary cap no lower than $180 million, which combines with that rollover to create a goal of $184.1 million for New Orleans. ...

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David Onyemata agrees to restructured contract, creating cap space

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By John Sigler | Saintswire

There goes another domino: NFL Network’s Ian Rapoport reports that the New Orleans Saints have agreed to a contract restructure with defensive tackle David Onyemata, which creates $4.34 million in salary cap space for 2021. It’s not a lot, but it’s another important step towards cap compliance ahead of free agency later in March.

It’s important to note that this is not a pay cut — Onyemata is getting his money now while raising his future cap hits, giving him some more job security. The Athletic’s Katherine Terrell did a great job explaining the mechanics of this move. Onyemata converted $4.34 million of his $7 million salary into a signing bonus, taking it off of the books for 2021 and pushing it into the future. ...

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Saints release tight ends Jared Cook and Josh Hill

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By John Sigler | Saintswire


The New Orleans Saints released veteran tight ends Jared Cook and Josh Hill per Wednesday’s update to the daily NFL transactions wire. Cook’s release was expected, given his big $8 million roster bonus was due in a few weeks, which the Saints were not going to pay after his subpar 2020 campaign. The decision to cut Hill is more surprising, though New Orleans could use the $2.5 million in salary cap savings it brings.

Hill was one of the longest-tenured players on the roster, having appeared in 117 regular season games since 2013. He and Cook were co-starters the last two years, playing frequently together while 2020 rookie Adam Trautman learned the ropes behind them. Hill logged 1,008 snaps on offense over the last two seasons, whereas Cook was in on 968 plays. While Cook was a receiver first and foremost, Hill has been one of Sean Payton’s most highly-valued blockers for almost a decade. ...

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Adam Schefter provides intel on potential Russell Wilson trade to Cowboys, Saints

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By Brad Crawford | 247 Sports

There are too many obstacles in the way of a blockbuster trade centered around the Seattle Seahawks moving Russell Wilson to the Dallas Cowboys in exchange for Dak Prescott, according to ESPN NFL insider Adam Schefter. Prescott has leverage with the Cowboys and continues to seek a mega deal while the situation in Seattle with Wilson appears to be deteriorating.

"Don't see the Cowboys being able to make a move for Russell Wilson as much sense as it might make to some," Schefter said Tuesday on his ESPN podcast. "To do that, they would have to get Dak Prescott traded to Seattle, and Dak Prescott would have to be willing to sign, what we think will be his franchise tender, to make that trade possible. Why would Dak Prescott cooperate with the Dallas Cowboys and allow them to dictate where he's going to go in the future? He doesn't owe them that. And so he's not going to do that.

"By being in the position he is now, Dak Prescott has an unofficial no-trade clause. Because unless he signs his franchise tender, they can't trade him. They cannot. So Dak Prescott is controlling that situation. So it makes Dallas illogical and improbable. Nothing in this league is impossible, though, so you never know. But again, illogical and improbable." ...

Full Story - 247 Sports

Latest Saints News

Thomas Morstead, the Saints' decorated and beloved punter, released after 12 NFL seasons

  • News source: BY LUKE JOHNSON and AMIE JUST | Staff writers
  • Replies: 0
After spending 12 seasons with the only franchise he has ever known and playing a crucial role in one of the most iconic plays in franchise history, New Orleans Saints punter Thomas Morstead has been released from the team, the franchise announced Thursday.

Morstead said in a press conference Thursday that he does not intend to retire and wants to continue playing if the opportunity presents itself elsewhere.

Morstead finished his time as the Saints’ all-time leader in punts (692), punting yards (32,190) and yards per punt (46.52). Including the playoffs, he has appeared in 205 games in...
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Saints terminate contract of punter Thomas Morstead

  • News source: Justin Macione
  • Replies: 0
New Orleans Saints Executive Vice President/General Manager Mickey Loomis announced today that the club has terminated the contract of punter Thomas Morstead.

Morstead, 6-4, 235 pounds, spent the last 12 seasons in Black and Gold after being selected in the fifth round of the 2009 NFL Draft out of SMU. A team captain since 2013, he made an immense contribution both on the field with the organization and with the local community.

Morstead appeared in 190 career regular season games, ranked fourth in team record books and punted 692 times for 32,190 yards for a 46.5 gross punting average...
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Saints release Thomas Morstead

  • News source: Josh Alper
  • Replies: 0
The Saints’ work to get under the salary cap will include the release of punter Thomas Morstead.

The team announced the move on Thursday. Morstead spent the last 12 seasons with the team.

“The experience I’ve had with the Saints, there’s not one part of it that I would complain about. The whole thing has been just so outstanding. I’m obviously sad to be moving on from the team. . . . But I have nothing but positive overflowing emotions,” Morstead said, via Jeff Duncan of TheAthletic.com.

Morstead was set to make $3.15 million with a $4.5 million cap hit. The move will clear $2.5 million...
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How did the CSC staff do in making winner-loser predictions in the 2020 regular season?

  • News source: Chris Dunnells
  • Replies: 0
Last season, for the first time, most of the staff of Canal Street Chronicles picked the winner and loser for each and every regular season game of the 2020 NFL season.

Now that the season is over, let’s see how the staff did:

Not bad at all.

Personally, I also bet on the moneyline over/unders all season long as well, and I racked up a record of 112-89-6, for a 56% winning percentage. That means, if you had bet $10.00 on every over-under I predicted over the course of the season, you would have wound up winning a whole $230.00. Probably not worth it, but it’s theoretically free money...
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Malcolm Jenkins proved to be a leader for the Saints secondary in 2020

  • News source: Kade Kistner
  • Replies: 0
Ahead of the 2020 season the New Orleans Saints lost one of their best safeties in Vonn Bell. The Saints secondary took a significant hit, but Mickey Loomis and company did not sit idly by and watch one of their most improved units degrade. Instead, they took action and signed veteran safety Malcolm Jenkins.

Now, this was not Jenkins first stint with the Saints, as many New Orleanians remember, Jenkins played a large part in bringing the city its first Super Bowl. As such, Jenkins had quite a few suitors and justifiably so. He would eventually sign with the Philadelphia Eagles, but it is...
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Saints restructure Wil Lutz’s contract in cap space saving move

  • News source: Kade Kistner
  • Replies: 0
The New Orleans Saints knew they were going to have to cut, trade, restructure, or do all of the above to get under this season’s salary cap. Due to the pandemic caused by COVID-19, the salary cap is expected to be much lower than last season’s. While some have called for doom and gloom for the Saints, who started the offseason nearly $90 million over the cap, the front office has had a plan all along.

Recently, New Orleans cut tight ends Josh Hill and Jared Cook. However, the Cook cut was more procedural as he wasn’t technically on the roster for 2021 until the start of the new league...
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Did Marcus Davenport do enough in 2020 to convince the Saints?

  • News source: Kade Kistner
  • Replies: 0
It does not seem like that long ago that the New Orleans Saints gave up two first-rounds picks in the NFL draft in order to draft Marcus Davenport in the 2018 NFL Draft. There is no mystery in saying that Davenport has not lived up to expectations. His injury history, the constant wondering if “this year will be his year” has left fans wondering, “just when will Davenport hit his stride?”

The 2020 season was another average season for the defensive end. Except for the fact that Trey Hendrickson decided to burst onto the scene and tie for the league lead in sacks with 13.5. Is Hendrickson...
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Saints continue to chop away at salary cap excess, restructure Wil Lutz's contract

  • News source: BY LUKE JOHNSON | Staff writer
  • Replies: 0
With millions still to go, the New Orleans Saints continued their slow march to get under the 2021 salary cap, restructuring the contract of kicker Wil Lutz to save $1.7 million in space this year, according to a league source.


The NFL Network was the first to report the news.

Lutz signed a five-year, $20.25 million extension with the Saints prior to the 2019 season. He was due to count $4.7 million against the salary cap in each of the next two seasons, and $4.75 million in 2023, the final year of his deal.

This restructure will spread some of this year's burden onto those future...
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Saints create more cap space with Wil Lutz contract restructure

  • News source: Michael David Smith
  • Replies: 0
The cap-strapped Saints have created some space by restructuring kicker Wil Lutz‘s deal.

Lutz, who has three years remaining on his current deal, converted most of his base salary into signing bonus to save $1.74 million in cap space this season, according to Ian Rapoport of NFL Network.

That means Lutz will count more against the cap in future years, but the Saints will worry about that problem later, when the salary cap is increasing again after this year’s decrease.

Lutz had a strong season on kickoffs but a mediocre season on field goals in 2020.

The Saints are still well over the...
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Perfect free-agent matches for all 32 NFL teams: Why Winston fits with the Patriots

  • News source: www.espn.com - New Orleans Saints
  • Replies: 0
With the 2021 NFL free-agency period fast approaching, it's time to get our ducks in a row and give hope to every fan base. Whether you are a fan of a team that is looking to move from the depths of the standings, or a team that is looking to add just one more key player for a Super Bowl run, free agency is one of the most exciting times of the year.

With the news of J.J. Watt signing a two-year, $31 million contract with the Arizona Cardinals, we at Pro Football Focus thought it was time to take a look at the best fits for every team in free agency using each free agent just once. Each...
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Fleur-de-Links, March 4: 3 big roster moves for the Saints in the first week of March

  • News source: Adam Dunnells
  • Replies: 0
Officially licensed Saints face coverings are now available, with a new, more protective design.

The Saints are just one of the reportedly 14 teams that has shown interest in Teven Jenkins.

The Saints have retained one of their best special teams players with a two-year contract.

Carolina Panthers linebacker Shaq Thompson says that he’s happy that Drew Brees might not be coming back, saying, “[Brees] would slice you up real quick.”

A case for why the Saints should sign former Texans offensive guard Senio Kelemete.

A look at the Saints running back corps heading into the 2021 season...
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Saints free agency primer: A down year for receivers also showed the unit's potential

  • News source: BY LUKE JOHNSON | Staff writer
  • Replies: 0
The start of NFL free agency is right around the corner (March 17), and that means we should soon start to get an idea for the shape of the New Orleans Saints roster.

One way or another, this promises to be an off-season of change for the Saints, who have already navigated some coaching staff turnover. They might be debuting a new starter under center for the first time since 2006 and will likely be faced with some tough roster decisions in order to get under the salary cap.

With that in mind, here is a position-by-position look at who the Saints currently have under contract, who from...
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Saints release tight ends Jared Cook and Josh Hill with Cook primed for free agency

  • News source: KSkiver35
  • Replies: 0
The New Orleans Saints officially terminated the contracts of tight ends Jared Cook and Josh Hill on Wednesday, leaving Adam Trautman as the clear next man up in New Orleans. Trautman was quiet in 2020, but Sean Payton is reportedly extremely high on the second-year player, per The Athletic’s Jeff Duncan.

Cook’s legacy with the Saints will, unfortunately, be the coughed up fumble in the NFC Divisional Round that led to an avalanche against the Buccaneers. He was a steady receiving target for the Saints, catching 80 passes for 1,209 yards and 16 touchdowns in two seasons for the Saints...
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Saints release Jared Cook, Josh Hill

  • News source: Josh Alper
  • Replies: 0
Tight end Jared Cook was set to become a free agent when his contract voids later this month, but the Saints moved to drop him from their roster ahead of that point.

Wednesday’s transaction wire shows that the Saints have terminated Cook’s contract. The procedural move ends his run with the team after two seasons and the contract was structured to leave $2 million of dead money on the cap for 2021.

Cook had 80 catches for 1,209 yards and 16 touchdowns in 29 regular season games with the team. He had 14 catches for 122 yards in two postseason appearances.

The Saints also released tight...
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