Hill and Jordan weren’t restructured

Cam Jordan 2025 starting point
Final year of contract currently
Cap Hit $20M
Dead Cap (cut) pre June 1 $24M (no cap savings, not happening)
Dead Cap (cut) June 1 Salary comes off books, Dead Cap lowers to $9M
So, he's a risk for a June 1 cut, but that's highly unlikely.
If they restructure, the dead cap charge for 2026 is currently $15M and that would go up, for a cut made by mid-March 2026.
A June 1, 2026 cut would lower the dead cap to $9M, though that would rise a few million more if restructured.
June 1, 2026 would seem to be the exit strategy.

Probability - a highly celebrated swan song season for Jordan, with his bill paid in full this year or split and half paid by 2026 cap (for dead cap charge)

Taysom Hill starting point 2025
Last year of contract
Hill cap hit (plays) is $18M. If he's recovering from injury with intent to play, he'll return as a PUP-type designation to keep his roster spot open until he sees the field.

Hill gets cut or retires now, dead cap is $18M with pennies in cap savings. (not happening because the June 1 cut is far cheaper)

Hill June 1, 2025 cut, dead cap drops to $8M with $10M in cap savings (but after free agency so this money moreso frees up for adding a more expensive player by trade-deadline, or a summer free agent, or, rolling over money to 2026, as that will be needed)

So, while not expected, they could move on and "invest" the $8M June 1 dead cap as the cost for opening up Hill's spot to a new signee (at any position. i.e the new player's cap hit with the Taysom dead cap being a surcharge for that)

Probability - 2025 is Hill's swan song with the Saints. either capping at $18M, or restructuring half of that to 2026 dead cap (paid out of 2026 cap).

Now, if Hill returns and produces and wants to play in 2026, the Saints would have some tough choices. New 1-year contract? At what (lowered) amount? Would it make sense to move on and get younger at his roster slot?

Paycuts - I have not factored that scenario in, but if it happens, it certainly lowers the cap number as a restructure, but it moreso limits the accrual of new restructured dead cap money in 2026, a net positive.

My analysis is avocational and unofficial (but free), so do poke holes