Saints Cap Moves: $20,743,993 cap space ….. 7 restructures, 2 voids re-signed, 1 paycut, 1 release

$16 million in cap space likely means they have a specific move or moves planned. They normally don't make moves to create cap space once under the cap unless they need specific money for a signing or signings.

I was thinking the same thing. May be getting their ducks in a row for a trade to go through tomorrow as soon as the league year begins.