The New Orleans Saints have restructured defensive end Cameron Jordan's contract to free up $1.5 million against the salary cap. This move is part of a series of contract restructures for several players, including QB Derek Carr, G Cesar Ruiz, and DT Nathan Shepherd. The restructuring allows the Saints to shift up to $9.4 million in cap costs with Jordan's deal, guaranteeing him $13 million this year. The Saints converted a significant portion of Jordan's 2024 compensation into a signing bonus, clearing $9.43 million of cap space.
Was on final year of his deal; due $11m non-guaranteed salary, $15.53m salary cap number. #Commanders badly need to rebuild their OL going forward. https://t.co/ztXtLrF8dU
Was on final year of his deal; $9.6m non-guaranteed base, $4m roster bonus was due on 3/17, $500k in per game roster bonuses. Will save just over $13m in cap space with this release (more with post June-1). https://t.co/dzxfi3kPbt
The #Saints converted $11.79M of Cameron Jordan's 2024 compensation into signing bonus, clearing $9.43M of cap space. The trek toward cap compliancy continues... https://t.co/bfRxYTHJ4o
Cam Jordan is 34 and had two sacks last season. Saints gave him a new deal last August and owe him $13 million guaranteed this year. The restructure they needed to do to get under the cap means they'll either pay him $12.5 million next year or eat $22.5 million in dead money.
Saints restructure Cam Jordan's deal https://t.co/dNA4sQm4UW
The Saints moved even more than $1.5 million of Cam Jordan's salary-cap costs into future years with their latest restructure. Waiting to see exact figures, but they had room to move up to $9.4M in cap costs with Jordan's deal, which owes him a fully guaranteed $13M this year.
Saints add Cam Jordan to the list of restructured contracts. https://t.co/E2d5yi24gh
Eight-time Pro-Bowl DE Cameron Jordan became the latest New Orleans player to restructure his contract, signing a deal to free up another $1.5 million against the Saints salary cap. Saints also have reworked the contracts of QB Derek Carr, G Cesar Ruiz, DT Nathan Shepherd and… https://t.co/tADXi1fGqV