Field Yates of ESPN reports that the Saints and LT Terron Armstead agreed to convert his $5 million roster bonus to a signing bonus, which in turn created $4 million of cap space for the 2017 season.
Armstead, 25, is a former third-round pick of the Saints back in 2013. He’s currently in the second year of his six-year, $65.25 million contract that includes $25 million guaranteed and stands to make a base salary of $4.2 million for the 2017 season.
Armstead’s 2016 season came to an end after he was placed on injured reserve with knee and quad injuries.
In 2016, Armstead appeared in seven games for the Saints and is rated by Pro Football Focus as the No. 15 offensive tackle out of 78 qualifying players.
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