NFLTradeRumors.co · Mar 9, 2017
Saints Designating S Jairus Byrd As Post-June 1 Release
Update:
Nick Underhill reports that the Saints will designate S Jairus Byrd as a post-June 1 release on Friday.
According to OverTheCap.com, designating Byrd as a post-June 1 release will free up $7.8 million of cap space and $3.4 million of dead money.
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Ian Rapoport of NFL Media is reporting that the Saints are releasing veteran S Jairus Byrd on the first day of the 2017 league year.
The overall expectation was that Byrd was going to have to agree to a pay cut to be back with the Saints, as he hasn’t lived up to the big-money contract he signed a few years ago. However, it appears as though the Saints ultimately decided to take the cap space and move in a new direction at safety.
