The Saints DE joined First Take and called on multiple quarterbacks to join him in New Orleans. There is a time and a place.
A source told Field Yates that the New Orleans Saints restructured the contracts of wide receiver Michael Thomas and offensive tackle Ryan Ramczyk.
The New Orleans Saints have the highest salary cap of any team in the league, and will likely make more moves in the coming days.
The restructure indicates that New Orleans has no plans to trade its star receiver. The Saints were able to spread the cap charges over the next five years because they converted $14.6 million of Thomas scheduled salary and roster bonuses into a signing bonus. If they traded Thomas, they would have to pay all of the charges against the cap this year.
New Orleans converted $18.2 million of Ramczyk's scheduled salary and roster bonuses into a signing bonus.
The good news for the Saints is they have room to move more than $100 million in salary-cap costs into future years without cutting any current players. They will have to deal with those charges in the future. This has been a common practice for the Saints over the past decade under general manager Mickey Loomis and vice president of football administration Khai Harley -- and it has become more common throughout the league after the COVID-19 pandemic lowered the NFL's cap by nearly $16 million per team.
The Saints don't intend to rebuild their roster despite Sean Payton stepping away from coaching. Dennis Allen retained Pete Carmichael Jr. as his offensive coordinator and Ryan Nielsen and Kris Richard as his co-defensive coordinators.
If superstars such as Rodgers or Wilson become available via trade, the Saints will aim for the top of the quarterback market.
They could try and re-sign some of their own free agents, including quarterback Jameis Winston, left tackle Terron Armstead and safety Marcus Williams.
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