They have a ton of guarantees and roster bonuses they'll restructure to push out. I mean, yea at some point they have to pay the piper so to speak. They probably will have to make some tough cuts this year. If Loomis wants to reign it in and not hand out too many back loaded contracts this year, they could probably be back well under the cap for 2023. Using OTCs calculator I got them to about 7M in space with 78M projected for next year. Maybe need to free up a little more space than that. A guy like Thomas is the interesting type of choice. Only 2M in immediate cap relief, but 16M in base salary you can save. And you can June 1 him to give yourself all the in season room you'd need. Granted that is with plenty of holes for 2022, but this would be the perfect year for a reset right? Let every good FA walk, replace them with minimum players, and collect some comp picks for 2023. That said, you can do stuff like restructure Thomas and laugh at the idea of resetting the cap all while handing out the type of FA deals they been known to do and keep most of their good players and figure out later where the exit ramp is. They've done it this long. Last I looked they have 261M in unaccrued guarantees and dead hits whereas the median team has about 150M and the smallest is at about 115M (Philly actually has even more future dead hits and guarantees to accrue). The Saints cap woes are nothing compared to last season when they had to let Trey Hendrickson walk. The will do what they always do, restructure deals and give out salaries as roster bonuses. A lot of local writers are predicting that they won't have to let anyone at all walk this year. The one real question is if they're going to pay Armstead, who is an All-Pro type LT but can't stay healthy. That defense is Super Bowl caliber, and the offense when healthy can be enough. My prediction is that they sign Jameis Winston on a 2 to 3 year incentive laden deal, draft a WR and sign a Ridley type WR from Atlanta, draft an OL and run it back out there. I mean Armstead would be the big one. But if they just go straight restructure route they'll end up eating into all their space again next year. If they make a few cuts, they can actually operate with some space in 2023. I don't know how much they believe in the D, but they don't have any real answer at QB and with Payton gone, now would be the year to kind of tank it a little. They still have plenty of younger pieces they could build back around as quickly as 2023 if they find a QB over the next 2 offseasons. Take it from a fan of a team who had a SB caliber D one year, it can be awfully fleeting.