The New Orleans Saints have restructured safety Marcus Maye’s contract, according to ESPN’s Field Yates. The restructure will turn $6.07 million of Maye’s compensation for 2023 into a signing bonus that will save the Saints around $4.85 million in cap space.
The question to getting under the cap has begun: the Saints have converted $6.07M of S Marcus Maye’s 2023 compensation into a signing bonus, creating $4.856M in cap space, per source.— Field Yates (@FieldYates) February 15, 2023
The Saints signed Maye to a three-year contract worth over $28.5 million dollars last March. This is the first step into their yearly process of getting under the cap as they still need to clear another $50 million by March 16th.
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