DeSean Jackson, plz (edit: cleared waivers)

He’s still getting paid, right?
wouldn’t signing another contract void the much more lucrative one he has now?
Believe they subtract what he’s owed minus what a new team would pay and that’s what the old team is on the hook for.

So not sure of numbers. If he’s owed 2 mil by old team. And saints pay 750,000, then old team has to pay 1.25 mil.