Saints Cap Moves: $27,092,090 cap space ….. 8 restructures, 3 extensions, 3 pay cut, 1 release [All current cap moves are in OP]

You are probably correct...
That is why Cam should give him a Post June 1st Cut.

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No, Loomis should just restructure that $12.5m. It's part of his 5 year plan I've been told. If not, I want to see how cutting our all time best DE that has given everything for this team goes over after kicking Carr's can without a fight.