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REPORT: New Orleans Saints to Cut Safety Jairus Byrd

The $54 million dollar man is reportedly set to be cut.

Tampa Bay Buccaneers v New Orleans Saints Photo by Jonathan Bachman/Getty Images

Multiple outlets are reporting that the New Orleans Saints are planning on cutting S Jairus Byrd this free agency period.

As explained by our John Hendrix earlier this month, cutting Byrd can save a large amount of cap space this spending period, but the timetable of when the cut takes place makes a huge difference. John explaining this point:

Trimming him as a post-June 1 cut makes a huge difference as opposed to cutting him now. Byrd would only draw $3.4 million in dead money and provide $7.8 million in cap savings if the Saints go that route. By parting ways with him now, the Saints would be out $8 million in dead money and only save $3.2 million.

News has yet to break on whether this will be a post-June 1 cut.

In any event, this will put a lot of pressure on second-year Safety Vonn Bell and the New Orleans Saints to find Byrd’s replacement. Stay tuned for more news.