New Orleans Saints Salary Cap Breakdown: Contracts, Bonuses, and Dead Money
Overview
The New Orleans Saints have a total of $8,147,455 in salary cap space available for the 2024 season. This figure reflects the team's current contracts, bonuses, and dead money obligations.
Player Contracts
The Saints have a total of 71 players under contract for the 2024 season. The top five cap hits for the team are as follows:
- Alvin Kamara: $15.4 million
- Michael Thomas: $14.3 million
- Marshon Lattimore: $13.2 million
- Ryan Ramczyk: $12.1 million
- CJ Gardner-Johnson: $11.9 million
Bonuses
The Saints have a total of $1.2 million in signing bonuses and $1.5 million in roster bonuses that will be paid out in 2024.
Dead Money
The Saints have a total of $2.3 million in dead money on their cap in 2024. This money is associated with players who were released or traded before the start of the season.
Cap Savings
The Saints can create additional cap space by releasing or trading players. The following players could potentially be released or traded to create cap space:
- Sheldon Rankins: $10 million cap savings
- Marquez Callaway: $5 million cap savings
- David Onyemata: $4.5 million cap savings
Conclusion
The Saints have a number of options to create additional cap space in 2024. The team will need to make some tough decisions in order to be compliant with the salary cap and have the flexibility to add new players during free agency.
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