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Report: Michael Thomas, Saints Agree to Restructured Contract to Save Salary Cap

The New Orleans Saints reportedly restructured the contracts of wide receiver Michael Thomas and offensive tackle Ryan Ramczyk on Saturday.

According to ESPN's Field Yates, the Saints have converted $14.565 million of Thomas' compensation for 2022 and $18,206,608 of Ramczyk's compensation for 2022, thus saving $26.217 million against the salary cap.

Thomas missed the entire 2021 season because of an ankle injury, while Ramczyk missed seven games with a knee injury.

This article will be updated to provide more information on this story as it becomes available.

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