The New Orleans Saints reached an agreement with quarterback Drew Brees to restructure his contract, freeing up salary cap space for the 2019 fiscal year. Tom Pelissero of NFL Network first reported the move, noting that the Saints created $10.8 million in cap space to put towards re-signing backup quarterback Teddy Bridgewater. The numbers are in flux due to lacking details from other signings, but by our count the Saints should have about $17 million in salary cap space at their disposal after this restructure.
The #Saints have restructured Drew Brees' contract to clear $10.