Saints Create $6.6M in Cap Space

The Saints restructured the contract of TE Taysom Hill, converting $8.79 million of salary into a signing bonus and creating $6.59 million in the process. Hill’s 2025 salary cap number will increase by $2.19 million to $17.986 million. There is now $9.7 million in void year salary cap charges that are set to hit the salary cap in 2026 if Hill’s contract voids.

This marks the third year in a row that the Saints have restructured Hill’s contract for cap relief. The team converted $9 million in 2022, $8.8 million in 2023, and now $8.79 million in 2024. If released next year the Saints would face a dead money charge of $17.7 million due to all of the restructures.

The Saints should now have a comfortable $12 million in cap space for 2024.