The New Orleans Saints have made another move to chip away at their negative cap charge. The Saints have restructured veteran safety Tyrann Mathieu’s deal to save $4.668 million in 2023. The Saints now sit just north of $30 million over the cap.
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
This also means we can expect to see Tyrann Mathieu play out his entire three-year deal with the team after moving money further down the road.