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Saints' Marques Colston, Jahri Evans, Ben Grubbs, David Hawthorne Redo Their Deals
The New Orleans Saints have restructured contracts with receiver Marques Colston and guards Jahri Evans and Ben Grubbs to create more in salary-cap space, league sources have confirmed. They also restructured linebacker David Hawthorne's deal, according to ESPN.com. Add Hawthorne's reported restructuring and the Saints have cut around $10 million off their 2013 salary cap figure with these four reworked deals.
The players converted portions of their base salaries into signing bonuses -- a very common practice used by NFL teams to create short-term salary-cap relief.
As of last count, the Saints were estimated to be around $15 million over the projected 2013 salary cap of roughly $122 million-$123 million -- though that number is very fluid as they continue to rework deals and start to make some tender offers to their restricted free agents. Source: The Times-Picayune |
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