The Saints continue to make changes to the contracts of players on their roster, having most recently restructured running back Mark Ingram‘s deal, according to Field Yates of ESPN.com (via Twitter). The move comes on the heels of the team also reworking Cameron Jordan‘s and Thomas Morstead‘s contracts.
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Ingram, who had been in line for a $3MM base salary in 2016, saw $2.235MM of that money converted into a signing bonus, reducing his base salary to just $765K. The signing bonus is prorated over the next three seasons, opening up $1.49MM in cap room for the Saints in 2016. The running back’s cap hit has been reduced from $4MM to $2.51MM, but his 2017 and 2018 cap charges have increased to $5.245MM and $6.245MM respectively.
In the short term, the move gives the Saints a little more flexibility to continue to conduct offseason business, including finalizing Nick Fairley‘s new deal with the team. After Jordan’s and Morstead’s contracts were restructured, the Saints were said to have about $3.03MM in cap room, but Fairley is set to count for $3MM against the cap, reducing the minimal flexibility New Orleans had. Ingram’s restructure gives the club a bit of breathing room.
As for the long-term ramifications of the move, with Ingram’s cap hit on the rise for 2017 and 2018, the odds of him playing out his entire contract have probably diminished. Depending on how he performs in 2016, Ingram may have his deal addressed again in some form by the Saints a year from now.
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