The New Orleans Saints have restructured the contract of running back Mark Ingram in order to open up more salary cap space, according to NFLPA records.
Ingram, who was previously scheduled to make $3 million in base salary this year, will now make $765,000 in base salary, with the rest of the $2.235 million converted to a signing bonus.
By converting Ingram’s base salary to a signing bonus, the Saints were able to save $1.49 million off the cap this year.
The hit from the signing bonus is then spread over the rest of the cap.