All-Pro left tackle Terron Armstead restructured his contract to open up more New Orleans Saints salary cap space, ensuring cap compliance before the start of the new league year. The move was first reported by ESPN’s Mike Triplett, and was confirmed by the Athletic’s Katherine Terrell, who added that it saves roughly $6.7 million against the cap.
That should be enough to push New Orleans across the finish line. They were only about $6 million over the cap (set at $186.6 million for them, accounting for unspent rollover from last year on top of the NFL-wide $182.