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Michael Thomas restructures contract to save more Saints cap space

It never seemed like trade rumors for #Saints WR Michael Thomas were real. But anyway, this restructure— turning his base salary into a signing bonus — essentially makes clear he’ll be on the team. https://t.co/jCt4BU2M30

— Ian Rapoport (@RapSheet) March 12, 2021

It’s a race to $182.5 million, give or take a couple million dollars. And the New Orleans Saints are well on their way to reaching salary cap compliance after restructuring contracts with several of their cornerstone players. They already moved some money around in deals with Cameron Jordan and Demario Davis, as well as Wil Lutz and David Onyemata, but now the bigger names are starting to get involved as the Saints make a final push ahead of free agency.