Report: Cameron Jordan restructures deal with Saints

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Saints General Manager Mickey Loomis said this week that he hasn’t spoken to quarterback Drew Brees about an extension that would lower his $30 million cap charge, but continued to express confidence this week that the team will work things out in a “way that helps our team.”

While they wait to work out the Brees situation, the team has reportedly struck another deal to help clear cap space ahead of the new league year. Field Yates of ESPN.com reports that defensive end Cameron Jordan has agreed to restructure the deal he signed with the team last year.

Per Yates, a $6 million roster bonus that Jordan was set to receive this year has been transformed into a signing bonus. That creates $4.8 million in cap space this year and pushes $1.2 million in cap charges into the four remaining years on the deal.

Jordan has played every game for the Saints since joining the team in 2011 and is coming off a 45-tackle, 10-sack season in New Orleans.

11 responses to “Report: Cameron Jordan restructures deal with Saints

  1. The player agents must laugh when they are called in to renegotiate contracts in New Orleans. The Saints are a perfect example of a team in salary cap hell. In recent times they have traded and cut good players like Jimmy Graham and Jahri Evans but continue to aim for short term relief and blow out future debt.
    They continue to bank on the NFL progressively raising the salary cap as their long term solution to controlling expenses. Drew Brees has been a truly great QB but he is very expensive.
    Please keep Mickey Loomis away from my credit cards.

  2. They continue to bank on the NFL progressively raising the salary cap as their long term solution to controlling expenses.
    ===========================
    Yep and Saints’ brass parlayed that strategy into a Super Bowl Championship…. YES!!!!!!!!!!!!!

  3. So many people hate on the Saints cap…

    Do you REALLY know what our cap looks like?

    Furthermore, do you know what our cap looks like a year later???

    Didn’t think so.

    We’re fine, worry about your team 🙂

  4. @uglydingo

    I’m going to go out on a limb and predict that Mickey Loomis would laugh at your credit cards.

    Also we didn’t cut Jimmy Graham, we traded him for an All Pro Center and a future All Pro LB meanwhile not having to pay $40 million to an oft injured TE who doesn’t block and is guaranteed to miss games every year.

  5. Exactly, Saints received two starters in Max Unger and Stephone Anthony for an overpaid, one-dimensional TE. I’d bet many a dollar that if given the chance for a do-over, Seattle would NOT make the trade. It is pretty obvious the Saints got the better end of that deal LOL

  6. I would suggest people to actually think before or at least do some research before commenting. Who cares if you have not cap room or a ton of cap room as long as your able to build a successful team. Sure not all of the moves have worked out;do they for any team, no they don’t. So we let some players go last year and picked up some, who could have predicted that one of the leagues best safeties “Byrd” would go bust with the Saints, he played his butt off in Buf. Who would have said B.Browner would suck as bad as he did, maybe some haters but that’s about it.

    Every year teams bring and let players go. Evans is just another player being let go so we can get better it’s that simple. Just like when we let Goodwin go to TB people were outraged…how well did he play that next year…lol. We will survive and be just fine, we have some Def. issues to address but as far as the CAP goes M.L is the absolute best at is job.

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