Wednesday, February 27, 2013
Saints restructure Ben Grubbs' deal
By Pat Yasinskas
The New Orleans Saints have shaved $3 million in salary-cap room by restructuring the contract of guard Ben Grubbs, according to a league source.
Grubbs restructured his contract earlier this week to help the Saints who had been more than $14 million over the cap. The Saints simply handed Grubbs a $4 million signing bonus up front.
That lowered his base salary from $5.2 million to $1.2 million and the signing bonus is pro-rated over the remainder of the contract.