Saints restructure contracts for Will Smith, Jonathan Vilma

Grant Halverson

Both Jonathan Vilma and Will Smith took large pay cuts in order to remain with the Saints

New Orleans defensive stars Jonathan Vilma and Will Smith both agreed to take big pay cuts in order to stay with the Saints next year, according to Pat Yasinskas of ESPN. The two cuts totaled nearly $10 million in 2013.


Both men, key players in the bounty scandal last year, were due large salaries and it was known they would have to take pay cuts in order to remain on the Saints, who desperately needed to create cap room. Neither restructured deal converts base salary into signing bonus -- both are just straight pay cuts.

Vilma's cap hit lowered from $8.633 million to $3.833 million after agreeing to lower his base salary from $4.8 million to $1 million.

Smith, who was scheduled to have the second highest salary on the team, lowered his base pay from $9 million to $3 million. His new contract lowers his cap figure from $13.9 million to $8.502 million in 2013. Smith's contact will likely have to be addressed again next offseason, as he is scheduled to make $10.4 million in base salary and cause a $13.9 million hit against the salary cap.

More in the NFL:

NFL mock draft: Changes on the eve of free agency

This is a fake column about Percy Harvin and NFL free agency

Tony Gonzalez will return to Falcons

Victor Cruz wants No. 1 receiver money

Vikings trade Percy Harvin to Seahawks

Ranking the NFL’s top 50 free agents

X
Log In Sign Up

forgot?
Log In Sign Up

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.

Join SBNation.com

You must be a member of SBNation.com to participate.

We have our own Community Guidelines at SBNation.com. You should read them.

Join SBNation.com

You must be a member of SBNation.com to participate.

We have our own Community Guidelines at SBNation.com. You should read them.

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.