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New Orleans Saints restructure centre Erik McCoy’s deal as salary cap disaster looms

564 days ago

The battle to get the salary cap under control at the Saints has seen Erik McCoy’s contract channels to a performance bonus.

The structure for the converted centre will see New Orleans save $7.18 million on the salary cap.

The Saints are walking a tight line and are still $75 million over the salary cap limiting their free agent negotiations.

McCoy was the 48th overall pick by New Orleans in 2019, and represented Texas A&M.

 

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