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The only downside is that Smith’s 2013 cap figure jumps to more than $14.5 million and will be...

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The only downside is that Smith’s 2013 cap figure jumps to more than $14.5 million and will be almost $14 million in 2014, the final year of the contract. But the Saints can restructure the deal again in future years to make it more cap friendly.

Will Smith deal cleared $4.78 million for cap - NFC South Blog - ESPN