Saints Restructure Erik McCoy’s Contract to Clear $7.3M in Cap Space

The New Orleans Saints have restructured the contract of Pro Bowl center Erik McCoy to create immediate financial flexibility. By converting $9.2 million of McCoy’s base salary and roster bonus into a signing bonus, the team cleared approximately $7.36 million against the 2026 salary cap. McCoy’s updated cap hit for the upcoming season now sits at $10.3 million. This move continues the Saints' annual tradition of aggressive cap management as they navigate the start of free agency.