Top 10 Salary Cap Hits Facing The 2024 New Orleans Saints
Stop me if you've heard this one before, but the Saints are going to have to do some work to get under the salary cap in the offseason. Pretty soon we'll hear about the 'cap hell' and 'kicking the can down the road' stuff for New Orleans, but they'll find a way like they always do. Naturally, this strategy works out for the team, but the results haven't been there to really solidify and justify the means.
Here's a brief look at the team's salary cap situation, checking out the top hits the team has in 2024 with the breakdowns and percentages they take up. Their Top 10 players account for $193.28 million alone, which represents 58.9% of their cap number. All figures come from Over the Cap. The team's current cap liabilities are at $327.9 million with the Top 51 coming in at $322.7 million currently.
Top 10 Salary Cap Hit for the Saints
Dec 21, 2023; Inglewood, California, USA; New Orleans Saints quarterback Derek Carr (4) throws against the Los Angeles Rams during the first half at SoFi Stadium. Mandatory Credit: Gary A. Vasquez-USA TODAY Sports
Dec 21, 2023; Inglewood, California, USA; New Orleans Saints quarterback Derek Carr (4) throws against the Los Angeles Rams during the first half at SoFi Stadium. Mandatory Credit: Gary A. Vasquez-USA TODAY Sports
Derek Carr, QB, 32
Cap Hit (10.9%): $35.7 million ($30 million base + $5.7 million prorated bonus). The $30 million is guaranteed.
Ryan Ramczyk, RT, 29
Cap Hit (8.2%): $27.02 million ($17 million base + $10.025 million prorated bonus)
Cam Jordan, DE, 34
Cap Hit (7.1%): $23.28 million ($6.3 million base + $10.28 million prorated bonus + $6.7 million roster bonus). $13 million is guaranteed.
Alvin Kamara, RB, 28
Cap Hit (5.6%): $18.88 million ($10.2 million base + $7.08 million prorated bonus + $1 million roster bonus/$500K per game bonus + $100K workout bonus)
Demario Davis, LB, 35
Cap Hit (5.5%): $18.2 million ($10 million base + $6.91 million prorated bonus + $2 million roster bonus)
The Rest of the Top Hits
- Taysom Hill, QB, 33 (4.8%) - $15.79 million ($10 million base + $5.79 million prorated bonus)
- Marshon Lattimore, CB, 27 (4.5%) - $14.62 million ($1.21 million base + $13.4 million prorated bonus)
- Erik McCoy, C, 26 (4.2%) - $13.7 million ($9.6 million base + $3.6 million prorated bonus + $500K roster bonus)
- Andrus Peat, OL, 30 (4.2%) - $13.64 million ($7.34 million prorated bonus)
- Carl Granderson, DE, 27 (3.8%) - $12.45 million ($1.17 million base + $2.28 million prorated bonus + $9 million roster bonus)
New Orleans also has three other players who will come at a cap hit above $10 million in addition to the top hits: Michael Thomas ($12.4 million), Tyrann Mathieu ($12.07 million) and Cesar Ruiz ($10.85 million).
The Saints have already tackled a couple of restructures, and we're certainly going to see more of them play out as we get closer to the new league year when it starts on March 13.
