The New Orleans Saints’ purge continues as the club works to exceed the salary cap.
NFL Network Insider’s Ian Rapoport reported that the Saints had informed Janoris Jenkins that they would release him, in a training session that was informed of the situation.
Zawya was owed $ 11.2 million this year with a cap of $ 14.2 million and is set to be the club’s fourth-highest grossing fee. The move saves the Saints $ 7 million on payroll with $ 7.2 million in dead money, each for Over The Cap.
Jenkins was owed a fully guaranteed listing bonus of $ 1.2 million. Before his release, the Saints turned him into a signature bonus and distributed it over a two-year period, saving them an additional $ 600,000 for the maximum, per Rapoport.
The starting corner is the latest issue in a near-daily transaction process where the Saints move to earn less than the maximum salary of $ 182.5 million.
Jenkins cut is the most important blow to the Saints’ essence to date.
After joining the Saints in 2019 after the New York fallout, Jenkins started 13 matches in 2020 and was a major member in Minor Closure. The 32-year-old proved to be the perfect complement to Marshall Latimore, giving Saints Dennis Allen’s defense coordinator the ability to roll cover or apply pressure without worrying about the outside corners.
While many of the cuts that the Saints have made so far have not left large holes, the Jenkins cut creates a big hole in New Orleans’ defense. It is a gap that will not be closed as easily as other losses. Finding a starting angle with a Jenkins caliber is usually not cheap.
Still the last victim in the cap leaves the Saints above the salary cap. Other moves will be in the form of cuts, restructurings or extensions – ahead of the new league year, which starts on March 17th.