Drew Brees and the Saints wanted to make one final push for free agent Josh Norman before he signed with the Washington Redskins. The Saints knew that their modest 3.5 million and cap space was not enough to secure Norman. Reportedly Drew Brees was aware of this cap situation and offered to restructure his current deal for the Norman.
Seems as if Brees and the Saints could not get the restructure done in time. This would have been big for the Saints. The Saints gave up the second most passing yards last year and the most points.