Photo Credit: Stephen Lew-USA TODAY Sports
The New Orleans Saints continue to shed cap by restructuring defensive tackle Nathan Shepherd's salary and freeing up a small but meaningful sum.
By Ross Jackson - Saints News Network | SI
NEW ORLEANS -- The salary cap moves keep coming for the New Orleans Saints. The team was originally expected to be around $83 million over the NFL's salary cap, but with the recently announced spike in the league's spending allotment hitting north of $255 million, things got even easier for New Orleans. However, moves still need to be made.
After restructuring the contracts for starting quarterback Derek Carr and center Erik McCoy, the Saints added another small sum of savings on Sunday morning. Per ESPN's Field Yates, New Orleans restructured the 2024 base salary of defensive tackle Nathan Shepherd. The original report suggests that the savings would be "north of $3 million", however if the math works out conventionally, it will actually be just north of $2 million. But ever cent counts.
Along with the two previously mentioned moves, the Saints will have cut their cap deficit by around $33 million. That should put them at just at or under $40 million over the limit for now. ...
Read the Full Story - Saints News Network | SI
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