|03-12-2013, 08:38 PM||#1|
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Saints DE Will Smith, LB Jonathan Vilma Restructure Contracts To Remain With Team
In moves that have been anticipated for months, New Orleans Saints defensive end Will Smith and linebacker Jonathan Vilma restructured their contracts to remain with the Saints in 2013, according to a source. The moves were essential for the Saints to slide under the $123 million salary cap by Tuesday's 3 p.m. deadline.
Smith's salary cap number would have been $14.5 million in 2013 with a $9 million base salary included. Vilma originally held an $8.6 million cap figure this season, including a $4.8 million base salary. It's unclear how much of a pay cut was taken by each player, but the restructures do place the Saints under the cap.
Source: The Times Picayune
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