New Orleans Saints and reporter Josina Anderson confirmed that starting safety Tyrann Mathieu agreed to a two-year, $13 million restructured contract that will keep him with the team for another year.
According to beat reporter Nick Underhill, the club reduced its 2024 salary cap number “from $12M to about $5.5M” in the team’s effort to comply with the league’s mandated rules.
Mathieu, 31, is a native of New Orleans and has been with the team since signing a free-agent contract before the 2022 regular season. He’s brought stability and leadership to a young corps of defensive backs who performed well in 2023.
The All-Pro defensive back and cornerback Paulson Adebo each had four interceptions for the New Orleans Saints in 2023-24. Mathieu started all 17 games last season while recording 75 tackles, nine passes defended, a QB hit, and pick six.
In two seasons with the Saints, he’s contributed 34 game starts, seven interceptions, 166 tackles (114 solos), 17 passes defended, three tackles for losses, two QB hits, one fumble recovery, and a touchdown.
