It’s time for New Orleans Saints fans to ready their “the cap doesn’t exist” and “what salary cap?” tweets. The Saints and their never-to-be-counted-out front office were already down nearly a third of the team’s salary cap overages less than a week removed from Super Bowl LV.
Drew Brees - Re-negotiates Contract ($24M)
After restructuring Drew Brees’s contract and freeing up $24M immediately from their 2021 expenditures, it was clear the process would move quickly. New Orleans and Drew Brees had a couple of different ways to handle his earnings should he decide to retire.