The New Orleans Saints and cornerback Marshon Lattimore agreed to a restructured contract Saturday that will save New Orleans $18.45 million against the salary cap.
According to NFL Network's Ian Rapoport, the restructure will see the Saints convert Lattimore's base salary into a signing bonus.
Per John Sigler of Saints Wire, Lattimore's cap hit for 2022 dropped from $27.4 million to $8.9 million, and the Saints are now only between $5 million and $7 million over the cap.
This article will be updated to provide more information on this story as it becomes available.