Report: Saints clearing cap space with flurry of moves

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The New Orleans Saints released wide receiver Emmanuel Sanders and reportedly restructured the contracts of offensive lineman Andrus Peat and safety Malcolm Jenkins on Wednesday, clearing nearly $16 million in cap space. The Saints are also expected to release linebacker Kwon Alexander in the coming days, a move that would clear another $13 million in cap space. Sanders, who turns 34 on March 17, would have counted $10.5 million against the salary cap in 2021.

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