The New Orleans Saints have started to address salary-cap issues that could make it difficult for them to navigate this offseason.
The team restructured the contract of linebacker Curtis Lofton, a move that will free up some $4 million in cap room, according to Pat Yasinskas of ESPN.com.
The Saints projected to be roughly $20 million over the $121 million camp and this gets them started. Per the report, Lofton was going to have a cap number of $7.1 million but a $5 million roster bonus was converted to a signing bonus, meaning that money will now be pro-rated over the remaining life of the contract.
This is the easy part for general manager Mickey Loomis, who could approach players about reductions in pay and ultimately wind up cutting a few players.
Follow me on Twitter: @BradBiggs
Brad Biggs covers the Bears for the Chicago Tribune
Check out our partners at TiqIQ for the best deals on all games on the 2014 NFL schedule.
JUL 24 Joel Corry
Offensive tackle Lane Johnson’s mistake will cost him close to $1 million.
JUL 21 Jesse Lawrence
Denver leads the list in the secondary market.
JUL 21 Jeff Fedotin
Alouettes have QB on their negotiation list.