The Saints and veteran TE Nick Vannett agreed to a renegotiated deal that includes his base salary dropping from $2.6M to $1.035M, per source. He's a sturdy run blocker for New Orleans.
Buy Saints TicketsThe move creates $1.55M in 2022 cap space.
— Field Yates (@FieldYates) August 31, 2022
ESPN’s Field Yates reports that veteran tight end agreed to renegotiate his contract with the New Orleans Saints on Wednesday, with the most significant change being a pay cut. Vannett’s base salary will fall from $2.6 million to just $1.035 million (the veteran’s minimum for someone with his experience), altogether yielding $1.55 million in salary cap space. Reports previously suggested Vannett could be moved in a trade at the NFL roster cuts deadline.
