This move could free up approximately $6.69 million in cap space for New Orleans.
The New Orleans Saints and Pro Bowl center Erik McCoy agreed to terms on a reworked deal Wednesday, per Nick Underhill of NOF Network. While details have yet to be officially announced, if it’s a full restructure, the move could clear around $6.69 million in cap space for the black and gold.
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The Saints reportedly began discussing the idea of a restructure with McCoy on Monday, but the 27-year-old was busy living his best life on a Mardi Gras parade float.
#Saints players ride in Krewe of Orpheus
PHOTOS: https://t.co/pPaiv07gVr pic.twitter.com/8bKF6k2iZy
— New Orleans Saints (@Saints) March 5, 2025
Ultimately, the club reached an agreement Wednesday afternoon with the heart and soul of the offense but expect more moves from New Orleans in the coming days. One potential move? Reworking DE Carl Granderson’s contract, which carries a cap hit of around $11.7 million in 2025, per Over The Cap.