Cash-strapped New Orleans Saints cut veteran CB Janoris Jenkins
The New Orleans Saints continued slashing their massive salary cap deficit for 2021 by releasing Janoris Jenkins on Thursday.
Jenkins is a quality veteran cornerback. Although a big cap hit ahead of his age-33 season meant he was destined to be cut loose.
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NFL Network’s Ian Rapoport reported on Jenkins’ release and added the details the Pro Bowler’s salary.
The #Saints have informed CB Janoris “Jackrabbit” Jenkins that they are releasing him, source said. He was due $11.2M this year, with a cap hit of $14.2M.
— Ian Rapoport (@RapSheet) March 11, 2021
Although releasing Jenkins is a cost-effective move for New Orleans efforts to build the roster in 2021, he’s still a $7.2 million dead cap charge, per Over the Cap, and will be sorely missed in the Saints’ secondary.
Read: LaMarcus Aldridge Told He Can Pursue Other Opportunities
It just goes to show how aggressive the team was to spend big on established players toward the end of legendary quarterback Drew Brees’ career. Those bold front-office tactics by general manager Mickey Loomis, combined with the lowered NFL salary cap, is making for a tough offseason in New Orleans.
However, credit all the maneuvers Loomis has made so far to at least get the Saints in a solid position. As a result they’re coming in under the cap before the start of the league year next week. And in the midst of all that, he managed to slip in the franchise tag for stud free safety Marcus Williams, perhaps the team’s highest-priority, would-be free agent.
