Posted by Brian Allee-Walsh, The Times-Picayune March 10, 2009 3:53PM

Brett Duke/The Times-Picayune

As of today, the New Orleans Saints have the third fewest dollars under the salary cap in the NFL, according to league sources.

That figure is $2,206,125 and accounts for 62 players under contract. Fullback Heath Evans’s new two-year contract is not included in the overall amount. Only Carolina ($24,042) and Baltimore ($1,940,557) have less cap room than the Saints.
Tampa Bay has the most room under the cap — $39,816,570 — according to league sources.
In other Saints’ cap-related news:

• The Saints’ 2009 cap number is $140,033,735. That includes the original league-wide $123 million cap, $12,983,735 in league credits and $4.05 million in cap adjustment mechanism (CAM) money. That means the Saints have already allocated $137,827,610 in cap money.

• Recently-signed free agent cornerback Jabari Greer signed a four-year, $22 million contract of which $10 million is guaranteed. His contract calls for annual base salaries of $3 million in 2009 (guaranteed), $3.6 million (guaranteed) in 2010, $4.5 million ($400,000 guaranteed) in 2011 and $5.4 million in 2012, plus a $3 million signing bonus. Other bonuses bring the contract to $22 million. Greer played with the Buffalo Bills last season.

• Wide receiver Devery Henderson re-signed with the Saints for a four-year deal worth $12 million, of which $6 million is guaranteed. His contract calls for annual base salaries of $1.5 million in 2009 (guaranteed), $1.8 million in 2010 ($1 million guaranteed), $2.25 million in 2011 and $2.65 million in 2012, plus a $3.5 million signing bonus.

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