Cameron Jordan’s deal is restructured by the Saints to free up $1.5 million in cap space..
Another player’s construct is reorganized to free up more cap room, similar to what the New Orleans Saints do. DE This time, the spotlight is on Cameron Jordan’s deal, and according to Adam Schefter of ESPN, the team may save about $1.5 million by making this decision.
eight-time NFL All-Star DE After agreeing to an agreement that would release an additional $1.5 million from the Saints salary cap, Cameron Jordan became the most recent player from New Orleans to restructure his contract.
The Saints are currently about $22.2 million above the cap following this move, and they can still get there with a few more. Remarkably, this change may result in greater financial savings for the club.
The Saints would have saved about $9 million in cap space if they had chosen to completely restructure Jordan’s contract.
Why wouldn’t they take action? This is something the Saints should only do when they have to make room. Cap compliance is not an issue at this time, but the Saints have the option to further restructure Jordan’s contract if they find a player they like.
The Saints’ cap charge from Cameron Jordan’s contract next season will be less if they choose not to do it now. The Saints are gradually eliminating the cap impact of contracts more readily, which is a benefit of the enormous increase in revenue and cap space. By doing this, future cap space is freed up without raising the amount of future dead money.
