The Saints are doing some cost cutting as they proceed with trying to get a long term deal done with pro bowl tight end Jimmy Graham.
Jason La Canfora is reporting that the team will release defensive end Will Smith.
The cap-strapped Saints are releasing veteran DL Will Smith, a move that will create $11.5M in cap space. Likely to be announced today
— Jason La Canfora (@JasonLaCanfora) February 12, 2014
The move of cutting Smith will save the Saints $11.5 million in cap space alone.
mith, who arrived as a first-round draft pick in 2004, is the longest-tenured player on the Saints’ roster. But he missed all of last season with a knee injury, and he is in the final year of his deal.