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02-15-2013, 09:46 PM
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Super Moderator
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Join Date: Feb 2004
Location: Monroe, La
Posts: 20,780
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New Orleans Saints LB Curtis Lofton restructures his contract
Full Story – Nola.Com
The New Orleans Saints apparently have started making room to get under the salary cap. Linebacker Curtis Lofton has restructured his contract to help free up some salary cap space.
Lofton confirmed the move to NOLA.com | The Times-Picayune Friday afternoon after it was first reported by ESPN.com.
Lofton's cap figure was scheduled to be $7.1 million in 2013. But the Saints were able to drop that number to $3.1 million by replacing a scheduled $5 million roster bonus with a $5 million signing bonus that will be prorated over the remainder of the contract, according to ESPN.com.
By Nakia Hogan / Times-Picayune
Full Story – Nola.Com
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