Saints Restructure Contract of P Thomas Morstead

[adsenseyu1] According to NFLPA records the Saints have restructured the contract of P Thomas Morstead. The move is a simple restructure in which the team converted $1.25 million of Morstead’s salary into a bonus to gain $1 million in cap space. As of Friday the Saints had about $934,000 in cap room. Adding $1 million […]

Expected Contract Value Impact of Cap-Driven Restructures

Each offseason a number of players agree to simple restructures of their contracts designed to free up cap room for their respective teams in the present year. These cap-driven restructures involve converting base salary (or roster bonus) to signing bonus, with the converted amount then prorated over the remaining years on the contract (up to […]