Sigler, the young hippie critic is clearly a negative lightning rod for many. But he's independent of the team, free to read I believe without a USA Today sub, and for years has written detailed articles on Saints cap and asset issues.
Here, he's sharing the work of an Over The Cap contributor Nick Korte who is billed with a reputation for accurately tracking and predicting compensation picks.
Sigler's not ripping the Cooks signing, he's just saying the asset cost to the Saints for this signing includes the loss of a 7th rounder 2026 comp pick (nobody cares). More importantly, if the Saints sign another qualifying free agent, they'll likely surrender a 4th round comp pick in 2026.
So, non-crap market free agency may be over for the Saints in 2025, or if it's not, the Saints don't care about a 2026 4th rounder they may gain from the Adebo loss.