Santos create more space for capitalization with Wil Lutz contract restructuring

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The hatless Saints created some space by restructuring the business of kicker Wil Lutz.

Lutz, who has three years left on his current contract, converted most of his base salary into a subscription bonus to save $ 1.74 million in cap space this season, according to Ian Rapoport of the NFL Network.

This means that Lutz will count more against the ceiling in the coming years, but the Saints will be concerned with this problem later, when the salary ceiling increases again after this year’s fall.

Lutz had a strong season in kick-offs, but a mediocre season in field goals in 2020.

The saints are still well above the wage ceiling projected for 2021 and need to take several other actions to stay below the limit.

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