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4 years agoThe New Orleans Saints restructured the contracts of safety Malcolm Jenkins and offensive lineman Andrus Peat on Wednesday, opening $3.4 million and $6 million, respectively, in salary cap space. The Saints continue to make moves to create more room against the salary cap, with Jenkins and Peat becoming the sixth such move for the team ahead of free agency on March 17. The moves will convert base salary to signing bonuses for both players, which allows the Saints to spread the salary cap charge over the remainder of the contracts. Jenkins was due to make $6.2 million in base salary in 2021 with a cap charge of $8.95 million. Peat is entering the second year of a five-year extension. He was scheduled to make $9 million in base salary, which was fully guaranteed.--Keith Hernandez - RotoBaller
Source: NFL Network - Ian Rapoport

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