October 23, 2011; New Orleans, LA, USA; New Orleans Saints wide receiver Lance Moore (16) signals a first down during the first quarter of a game against the Indianapolis Colts at the Mercedes-Benz Superdome. Mandatory Credit: Derick E. Hingle-US PRESSWIRE
ESPN has gathered details of how the New Orleans Saints were able to make the surprising but neccessary free agency moves.
ESPN has stated that wide receiver Lance Moore and cornerback Patrick Robinson have restructured their contracts in order to create some salary cap space room for the Saints.
The Saints were thought to not be able to make any huge moves in free agency because of the limited cap space available to them going into the period. Just under a week ago, they were barely under around $1 million dollars.
Robinson had his roster bonus of $1.267 million converted to a signing bonus which will be used to spread out that bonus over the course of the next three years of his contract.
Moore was restructured from $4.3 million to $2.9 million which reduced his base salary from $2 million to $825,000. to compensate, he was given a $1.175 million signing bonus that will be pro-rated over the entire life of the contract.
The moves freed up around $2.3 million ESPN reports and helped in the signing of recent free agents like defensive tackle Broderick Bunkley, linebacker Chris Chamberlain, and linebacker Curtis Lofton.
Topics: Brodrick Bunkley, Chris Chamberlain, Curtis Lofton, Drew Brees, ESPN, Jonathan Vilma, Lance Moore, New Orleans Saints, Patrick Robinson, Sedrick Ellis
38 years old and Louisiana born and raised. I am married with a beautiful daughter. Became a Staff writer for Who Dat Dish in May 2011 and Editor in April 2012. Became a New Orleans Saints fan at a young age from my grandmother. She loved the Saints and passed that love of the Black and Gold onto me. I have a passion for football because I feel that it mirrors life in many ways: No matter who you are or where you come from, anyone can achieve their goals on any given day.
Atlanta Falcons
Carolina Panthers
LSU Tigers
New Orleans Saints
New Orleans Hornets
Tampa Bay Buccaneers
