Saints and RT Ryan Ramczyk agree to a contract restructure
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By: B. Keith Crear III
The new deal would give Ramczyk a $6.5M guarantee in 2024.
In a reworked deal, the New Orleans Saints and RT Ryan Ramczyk reached common ground and renegotiated his contract. This new deal would give him a $6.5M guarantee in 2024 as reported by Field Yates on X. Ramczyk’s cap number was $27.025M prior to this, but this restructuring deal will create some cap savings for New Orleans despite his injuries.
The Saints and RT Ryan Ramczyk agreed to a reworked contract that guarantees him $6.5M in 2024 (he previously had no remaining guarantees), with significant upside available as well.
Ramczyk’s cap number was $27.025M prior to this, but this deal will create cap savings for New…
— Field Yates (@FieldYates) March 13, 2024
Following a series of several knee injuries over the past few years, Ramczyk entered the offseason facing significant uncertainty. As a foundational member of the Saints’ offense since his selection in the first round of the 2017 NFL Draft, he has earned Associated Press All-Pro honors for three consecutive years (2018-20).
Ramczyk is expected to be on track for training camp in July after his recent knee surgery. According to Nick Underhill, Ramczyk’s base salary will drop to vet minimum and the rest of the $6.5 million will be converted to a signing bonus.
Ramczyk’s base salary drops to vet minimum. Rest of the $6.5 million guaranteed converted. Can earn a lot back in a 2025 escalator
— Nick Underhill (@nick_underhill) March 13, 2024
This was one of Saints’ last big contracts (5yr/$96 million) for the front office to address. $11.8 million could have been freed up in 2024 with a typical restructure. However, his cap would have hit close to $30 million in 2025 as explained below.
This was one of their last big contracts to address. A typical restructure would have freed up $11.8 million in 2024, but would’ve pushed his 2025 cap hit over $30 million. That’s all complicated by some serious knee issues that have put the long-term future in question. https://t.co/7yR3Osr29t
— Katherine Terrell (@Kat_Terrell) March 13, 2024
Originally posted on Canal Street Chronicles – All Posts