Reports: Saints restructure deals with Ramczyk, Lutz

The Saints moved closer to getting under the salary cap for the start of the 2023 NFL league year by adjusting the contracts of tackle Ryan Ramczyk and kicker Wil Lutz.

According to NFL Media’s Tom Pellissero and ESPN’s Field Yates, the Saints converted nearly $13 million of Ramczyk’s 2023 salary into a bonus, creating more than $10.3 million in cap space.

The Saints converted $12.92M of OT Ryan Ramczyk’s base salary into a bonus, creating $10.336M in cap space, as @TomPelissero said.

K Will Lutz also agreed to a re-worked deal, lowering his cap number by $1.5M, per source.

The Saints keep chipping away to get under the cap…

— Field Yates (@FieldYates) February 23, 2023

Additionally, Lutz’s deal has been reworked to lower his cap number by $1.5 million. Unlike the Ramczyk deal, this was a renegotiation that lowered Lutz’s salary, according to Nick Underhill of neworleans.football.

Wil Lutz agreed to a new salary to lower his cap number, per source. His contract was not restructured.

— Nick Underhill (@nick_underhill) February 23, 2023

According to Spotrac, the Saints were more $44.6 million over the 2023 cap before the moves, so the New Orleans front office still needs to create more than $32 million in space.