Saints Cap Moves: Derek Carr restructured, Erik McCoy restructured; J. Williams released; cap space is at -$8,543,537

BlackNGoldblood said
Because this team is in cap hell, isn’t going anywhere this year or next, because we don’t have talent, are aging, and don’t have the cap space to add impact players.

Cap space to add impact players:

I was told this was a bad thing and the saints need to build through the draft,take their medicine and go bargain bin until cap healthy.

Is that NOT the case?