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Saints create $12.724M in cap space by restructuring Demario Davis and Taysom Hill, per report

The New Orleans Saints have restructured the contracts of LB Demario Davis and TE Taysom Hill, the moves create $12.724M in cap space, per Field Yates. That means they are only around -$18.174M over the salary cap, per Over The Cap.

The Saints have restructured the contracts of LB Demario Davis and TE Taysom Hill by converting base salary into a signing bonus, creating $12.724M in 2023 cap space, per source.

— Field Yates (@FieldYates) March 4, 2023

This move also means that Taysom Hill and DeMario Davis will be Saints next year, they aren't going anywhere.