GOOD NEWS: New Contract signed and Sealed as Taysom Hill pens a new contract until

GOOD NEWS: New Contract signed and Sealed as Taysom Hill pens a new contract until

The New Orleans Saints used one of their last remaining chips to clear more than $6 million in 2024 salary cap space when they restructured Taysom Hill’s contract this week.

The Saints converted nearly $9 million of Hill’s base salary into signing bonus, cutting his 2024 salary cap hit from $15.8 million to $9.2 million. The move pushed the Saints approximately $12 million below the salary cap.

Hill has one more year remaining on his contract, but the Saints were able to further spread out the burden into two already existing void years. His 2025 salary cap hit is now nearly $18 million.

Along with running back Alvin Kamara, Hill’s contract was one of the last ones the Saints had not restructured this offseason to create cap space.

The Saints almost surely did not restructure Hill’s contract for no reason, meaning they likely saw a reason to need additional cap space for this season.