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Saints Restructure DT Brodrick Bunkley's Contract

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Mickey "Magic" Loomis is at it again. In a move that was widely expected, the Saints restructured the contract of defensive tackle Brodrick Bunkley to increase the team's cap space which now stands at $4,839,141.

Bunkley took a pay cut in 2014 to remain with the Saints
Bunkley took a pay cut in 2014 to remain with the Saints
Derick E. Hingle-US PRESSWIRE

The news was announced this afternoon, as most of the Saints brass was at the LSU Pro-Day in Baton Rouge. The Saints are now $4,839,141 under the salary cap.

This number is not taking into account the contract of newly-acquired cornerback Champ Bailey or the contract offer to safety Rafael Bush, which New Orleans retained after matching the offer sheet he had signed with the Atlanta Falcons.

Here are a few tweets related to the story:

From nola.com's Saints beat writer Larry Holder:

And from Joel Corry of the National Football Post:

This is a great move, as the Saints are about to pay both Champ Bailey and Rafael Bush, meaning they will need all the cap room they can spare. New Orleans General Manager Mickey Loomis somehow continues his numbers wizardry.