It’s early in day two of free agency and the New Orleans Saints are already making money moves by restructuring the contract of center Erik McCoy.
McCoy signed a five-year, $63.75 million contract extension with the Saints in 2022.
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By converting some of his base salary into a signing bonus, McCoy’s cap hit of $17.68M is now reduced to $10.32M which will now save the Saints little over $7.3M against the salary cap.
