There’s a lot of work to be done in getting the new Orleans Saints under the 2023 salary cap, but don’t blame players no longer on the roster. For once, the Saints don’t have many dead money commitments from past retirements and roster mistakes — just four players are on the books right now who won’t be playing for New Orleans in the fall. As things currently stand, they won’t have any dead money leftover at all in 2024. It’s the healthiest this area of the operation has been in years.
But it won’t last. While the Saints are forfeiting $5,038,479 right now in dead money (per Over The Cap), that number could increase five times over in just a few weeks should a couple of free agents sign with other teams. And any players designated as post-June 1 cuts will factor into the 2024 salary cap mathematics. Let’s break it down: