The New Orleans Saints continue to scratch and claw their way in an effort to create some much-needed salary-cap space.
According to Field Yates of ESPN, the organization has restructured the contract of star running back Alvin Kamara. New Orleans converted $10.465 million of Kamara’s 2022 salary into a signing bonus – a move that will generate $8.372 million in cap room for the start of the new league year.
The Saints have converted $10.465M of RB Alvin Kamara’s 2022 compensation into a signing bonus, creating $8.372M in 2022 cap space, per source.— Field Yates (@FieldYates) March 11, 2022
New Orleans continues to get closer to being under the cap.
It’s the second major contract restructuring done by the team, as New Orleans had star-wideout Michael Thomas convert $14.6 million of his salary into a signing bonus as well, back in February.
However, even with Kamara agreeing to a restructured deal, the Saints are still roughly $32 million over the salary cap. To make matters worse, the 26-year-old is also tending to legal issues off the field, following a February arrest in Las Vegas for battery.
Kamara could ultimately be looking at a suspension, which may affect his RB1 status for 2022 fantasy drafts.
FanDuel Sportsbook has New Orleans’ NFC South Divisional odds set at +240.