Effectively, this turns the veteran’s deal into a three-year, $27MM pact, with the entirety of the $10.2MM in guaranteed money coming in 2020. As Nick Underhill of NewOrleans.Football tweets, Jenkins basically has a pair of option years. The organization can keep him for a $10MM base salary and $1.2MM roster bonus in 2021, and they can keep him for a $5.25MM base salary and $500K roster bonus in 2022.
This isn’t a very surprising move, although there was some thought that the Saints may look to push their financial commitment to future years. Instead, the two sides apparently reached a compromise; Jenkins would get his money in 2020, and the Saints would have the flexibility to keep him in 2021 and 2022.
The 31-year-old was claimed off waived by the Saints from the Giants back in December. He ended up being productive during his New Orleans cameo; he had seven tackles, two passes defended, and one interception in two regular season games, and he added eight tackles and one forced fumble in the Saints’ playoff loss to the Vikings.
Next season, Jenkins is projected to start for the Saints opposite Marshon Lattimore.
Photo courtesy of USA Today Sports Images.