SaintsWire 2/23/24
The experts at Over The Cap track every transaction and contract tweak around the NFL, and they estimate the Saints to now be in the red by just $53.7 million — a big jump after New Orleans started the offseason with about $83 million in expenditures keeping them over the salary cap. Two conversations with Carr and McCoy wiped out nearly $30 million in 48 hours.
Sure, they still have a lot to figure out with $53.7 million in negative cap space. But that isn’t the worst number in the league anymore. The Buffalo Bills are now in last-place with an estimated $55.1 million, per OTC. And the Saints are going to be busy working towards cap compliance.
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