Advocate staff photo by SCOTT THRELKELD
By Nick Underhill | The Advocate
The Saints converted $4 million of Terron Armstead’s base salary to a signing bonus earlier this month to create some cap space, according to a source.
Armstead’s base salary for the remainder of the season dropped down to $1.7 million. His checks were based on a $10.2 million base salary for the first nine weeks of the season.
The change elevates his cap number for 2019 to $16 million. It was previously set to be $15 million. Armstead currently has $6.92 of his base salary for next season guaranteed for injury. It becomes fully guaranteed on the third day of the league year, at which time he will also be paid a $500,000 roster bonus.
The left tackle agreed to convert $5 million of his 2017 base salary to a signing bonus last year. He is under contract through 2021. ...
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