Jun 11, 2013; New Orleans, LA, USA; New Orleans Saints cornerback Keenan Lewis (28) goes through drills during organized team activities at the Saints practice facility. Mandatory Credit: Crystal LoGiudice-USA TODAY Sports

Saints Restructure Keenan Lewis’ Contract, According to Sources


 

The New Orleans Saints and Keenan Lewis have worked out a deal to restructure his contract on Thursday, according to Larry Holder of nola.com.  This helped the team save $1.2 million for the 2014 season as the Saints were closing in on the salary cap ceiling for the year.

Lewis was due to make $3.3 million in 2014, but is now set for $1 million and $1.8 million in 2015.  Due to the restructuring, his 2016 and 2017 cap numbers will hold an increase of $1.1 million.

According to the NFL Players Association, New Orleans now holds $3,089,212 in cap space.  These numbers include the extension to Pierre Thomas (Saints save nearly $1.4 mil in cap space with new deal) and the new contracts for Ramon Humber and Joe Morgan.

It’s great to see the Saints and players work out deals like this.  This restructuring did not require Lewis to take a pay cut, so both sides of the deal are kept happy.  Saving the $1.2 million may give the Black and Gold a shot at another free agent floating around.  Good news for both sides.

 

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Tags: Joe Morgan Keenan Lewis New Orleans Saints Pierre Thomas Popular Ramon Humber

  • InnovativeLiberty

    He’s our best corner…pay the man!

  • Al Martin

    why doesnt brees restructure his contract ?

  • Guest

    @disqus_mvjtRoLOiQ:disqus I hear ya Al. Wish I knew…However, Brees did say that he was willing to take a pay cut before the season started if necessary. @innovativeliberty:disqus Yes, Keenan is our best corner and he is getting paid. 5yr/$25mil. Plus, a pay cut was not required for the restructuring. Pretty good considering the fact that he only started 1 season in Pittsburgh before signing with us. That next contract/extension will be big.

  • Andrew Schuster

    @disqus_mvjtRoLOiQ:disqus I hear ya Al. Wish I knew…However, Brees did say that he was willing to take a pay cut before the season started if necessary. @innovativeliberty Yes, Keenan is our best corner and he is getting paid. 5yr/$25mil. Plus, a pay cut was not required for the restructuring. Pretty good considering the fact that he only started 1 season in Pittsburgh before signing with us. That next contract/extension will be big.