Saints Restructure Contract of Another Star Player

The New Orleans Saints entered the offseason with some clear objectives in mind, mainly clearing cap space. Earlier this week, the Saints restructured offensive lineman Ryan Ramczyk's contract to save themselves around $10 million.

New Orleans isn't finished, though. On Friday, the Saints restructured star safety Tyrann Mathieu's contract, saving them an additional $4.6 million and change.

The #Saints restructured safety Tyrann Mathieu’s contract, clearing another $4.668 million in 2023 salary cap space. Continuing to chip away …
— Tom Pelissero (@TomPelissero) February 24, 2023

New Orleans Saints News

New Orleans now has a projected $28.8 million in cap space, according to Spotrac.com's latest figures.

The Saints will need to clear all the cap space they can this offseason if they hope to take a major jump in 2023, which is centered around finding a new quarterback. New Orleans is currently pursuing Derek Carr, but the New York Jets are heavily interested in him as well.

The Saints could still end up with Carr, but they'll need to clear the cap space to do it. With these two moves this week, they are well on their way.

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David Kaestle is not a FanDuel employee. In addition to providing DFS gameplay advice, David also participates in DFS contests on FanDuel using his personal account, username davekaestle. While the strategies and player selections recommended in his articles are his personal views, he may deploy different strategies and player selections when entering contests with his personal account. The views expressed in their articles are the author's alone and do not necessarily reflect the views of FanDuel.