AP source: Saints cut receiver Sanders, linebacker Alexander

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The New Orleans Saints have informed receiver Emmanuel Sanders and linebacker Kwon Alexander they'll be released in moves that will save the club nearly $20 million against the NFL's salary cap, a person familiar with the situation said. Following the releases of Sanders and Alexander, the Saints were projected to remain about $32 million above the salary with about a week to get below it when the new league year begins March 17. Sanders had 61 catches for 726 yards last season.

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