Saints restructure Marcus Maye’s contract to free up cap space

The Saints have restructured the contract of safety Marcus Maye, Field Yates of ESPN reported Wednesday.

The question to getting under the cap has begun: the Saints have converted $6.07M of S Marcus Maye’s 2023 compensation into a signing bonus, creating $4.856M in cap space, per source.

— Field Yates (@FieldYates) February 15, 2023

Maye agreed to have $6.07 million of his 2023 salary converted to signing bonus, opening up $4.856 million in cap space for the upcoming year.

After signing with New Orleans last offseason from the Jets, Maye had 60 tackles and a forced fumble in 10 starts last season.