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Saturday, May 21, 2022

Saints dead money total doubles after Terron Armstead, Jameis Winston contracts void

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As the new NFL league year kicked off Wednesday, the New Orleans Saints saw the contracts of offensive lineman Terron Armstead and quarterback Jameis Winston void. This happened because the Saints did not reach new agreements with any of the players, but that does not prevent them from returning.

According to reports, Terron Armstead might be waiting to see what happens with the search for Deshaun Watson to make his decision to leave or return. If the Saints land Watson, there is an expectation that Armstead could return to the team. Alternatively, if New Orleans is unsuccessful on that quest, Winston is expected to be the next quarterback target.

Even if one or the other returns to the team, the dead stop is set in stone. The Saints will enter 2022 as the fifth-ranked team in the salary cap with more than $29 million. Of that, Armstead accounts for more than $13 million, Jameis Winston adds just $3 million, but New Orleans is still getting an additional $11.5 million from Drew Brees as a result of his post-June 1 retirement process last season. This will be the last year the Saints will take over Drew Brees’ contract.

Similarly, the Armstead and Winston dead cap amounts have been accelerated to 2022, doubling this year’s total, but will not bring future charges outside of potential new contract numbers. New Orleans also has smaller dead capital numbers under $1 million for various players like Tre’Quan Smith, Lawrence Woods and Latavius ​​Murray. Yet despite all that, the Saints have found a way to work themselves up to almost $30 million under the salary cap without firing a single player.

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