NFL audit finalizes New Orleans Saints’ salary cap spending limit for 2023
The NFL has finalized its year-end club adjustments, which factor in incentives, roster bonuses, carryover cap space, etc. That figure was then added to or subtracted from $224.8M to determine each team’s adjusted cap number for 2023.
A look at each team’s adjusted cap number: pic.twitter.com/sxbs04nXE6
— Field Yates (@FieldYates) March 6, 2023
Hey, here’s some good news: ESPN’s Field Yates shared that the NFL completed its team-by-team audit of unspent salary cap space rolled over from the 2022 season, which helps set individual spending limits for every team in 2023. That includes the New Orleans Saints, who earmarked a modest sum of unused cap space last year to bring into the new league year.
So the maximum amount of salary cap resources the Saints can spend in 2023 is $224,161,167. That ranks sixth-lowest around the league, above a series of playoff teams like the Baltimore Ravens, Seattle Seahawks, Minnesota Vikings, and Kansas City Chiefs (plus the New England Patriots). That’s the company the Saints hope to join next January.
New Orleans is in the red by about $24 million after restructuring a number of veteran contracts and signing free agent quarterback Derek Carr, so they have more work to do. Expect more restructures, roster cuts, and maybe an extension or two before the Saints must reach salary cap compliance by the league’s March 15 deadline and the start of unrestricted free agency.
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