Canal Street Chronicles · Feb 28, 2022
Fleur-de-Links, February 28: Saints restructure contracts, create cap space
Photo by Jonathan Bachman/Getty ImagesThe Saints have reportedly created more than $26 million in cap space by restructuring the contracts of Michael Thomas and Ryan Ramczyk.
In addition to Michael Thomas and Ryan Ramczyk, the Saints have also reportedly restructured Andrus Peat’s contract, creating an additional $7 million in cap space.
After reports of his contract restructuring, Michael Thomas Tweeted out an image with the sentence, “A fresh start isn’t a new place, it’s a mindset.” (Tweet below)
NFL Network’s Jim Trotter claims that, if the Saints have not already entered contract negotiations with Jameis Winston, “they will very shortly.”
