The New Orleans Saints freed up a ton of salary cap space by releasing Larry Warford earlier this month, but so far they’ve only used it to pick up free agents on one-year deals, at near-veteran’s minimum salary.
Names like Margus Hunt, Ty Montgomery, Anthony Chickillo, and James Hurst may not move the needle, but their impact could be felt in training camp later this summer. Having players with their NFL experience rounding out your roster instead of a crowd of undrafted rookies speaks volumes about the quality of this year’s Saints depth chart.
But at some point New Orleans is going to dig deep into their pockets and start planning for the future. That’s what they did last year by getting a jump on looming free agents like Wil Lutz, Cameron Jordan, and Michael Thomas. The Saints correctly identified each of those players as critical pieces to the locker room and rewarded them with new deals well ahead of schedule.
Here are several big names the Saints should consider, with projected contract extensions. Because this new money will be flowing in on top of preexisting deals, the Saints will have the option to restructure current-year cap hits and create more spending-room as they go along. It’s a tactic they’ve used often before.
And with even more lucrative contracts on the way for Marshon Lattimore and Ryan Ramczyk (who each had their fifth-year options picked up as soon as the Saints were allowed to do so), getting these deals inked now lets the Saints know exactly what they have to work with in the future. It’s like ordering a drink before choosing your steak.