With the Saints staring at "cap Hell" next offseason... Let's look at the salaries..
Actually for Brees, looked it up, it's 10.4 to 17.4 for cap number so pretty much the same as the base salary change.
Still, no doubt we'll be tight next year, but the chances of us spending big on yet another DT/DE or CB next year were slim anyway, and most other places we're probably ok with development of who we have.
I'd rather bite the bullet a bit next year though, and start freeing stuff up for 2014 and 2015 drafts when we should have all picks and when we should be needing to replace some players badly.
It's a shame the site NOLAnuffsaid linked misuses cap hit for cap number. The interesting thing to know would be the cap hit on some of the overpaid guys, because you get "hit" for the rest of the signing bonus you prorated out when you cut someone. That's the key to knowing who they can actually cut without hurting themselves worse against the cap than stringing them along.