New Orleans Saints now have around $8 million to play with

NEW ORLEANS, LA - SEPTEMBER 11: New Orleans Saints Vice President and General Manager Mickey Loomis walks on the field during pre-game at the Mercedes-Benz Superdome on September 11, 2016 in New Orleans, Louisiana. (Photo by Sean Gardner/Getty Images)
NEW ORLEANS, LA - SEPTEMBER 11: New Orleans Saints Vice President and General Manager Mickey Loomis walks on the field during pre-game at the Mercedes-Benz Superdome on September 11, 2016 in New Orleans, Louisiana. (Photo by Sean Gardner/Getty Images) /
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The New Orleans Saints, after re-signing Austin Carr may actually be looking at just over $8.5 million, still enough to snag a quality addition.

There are a few things still pending for the Saints, but as the offseason weeks drag on, we’ll slowly start to figure out the true amount of cap space this team has to play. Right now, they are facing two variables.

The first is that the rookies have yet to sign. When Cesar Ruiz, Zack Baun and Adam Trautman will come for just over $4 million. In doing so, they’ll be taking less valuable contracts off the roster so the cap hit won’t be the complete $4 million.

The second is Austin Carr. Carr was re-signed after three seasons with the team. His contract details have yet to be disclosed.

We do know it’s a one-year deal; we just don’t know the value yet. John Sigler of Saints Wire dug into the idea of his qualifying for the veteran’s minimum benefit, costing the Saints just shy of $900,000.

That said, Over The Cap shows that the Saints have $9.3 million left in cap space after releasing expensive guard Larry Warford. However, what they do with money is relatively unknown as many quality free agents are still on the market.

With under $8 million after Carr’s signing, the Saints have little notable holes that must be filled.

Cornerback and the team’s oftentimes injured defensive line could be two areas of interest, but given the soon-to-be contracts they’ll need to put into place for players like Alvin Kamara, those improvements may have to be put on hold.

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Also, Logan Ryan, one top free-agent target, is looking at a contract with the New York Jets, limiting that market. However, if the Saints want to look that way to upgrade, there is still a plethora of options available.