Sources - Tyrann Mathieu, Cameron Jordan rework Saints deals - ESPN

NEW ORLEANS — Saints veterans Tyrann Mathieu and Cameron Jordan have reworked the final years of their respective deals to stay with the team, sources told ESPN on Thursday.

Jordan posted a video on his Instagram account Thursday night citing «unfinished business» and indicated he would spend his 15th season in New Orleans, the team that selected him in the first round of the 2011 draft.

Both players will sign new deals with expected pay decreases instead of the traditional restructures the Saints have used on several players' contracts this offseason to free up salary cap space.

A source said Mathieu's new deal will be incentive based, with playing time bonuses built into the deal. Mathieu did not have incentives in his previous renegotiated deal, when he took less money in 2024 in exchange for an additional year added to the contract for 2025.

The deal signed last March guaranteed Mathieu a $1 million roster bonus this year and guaranteed $2.5 million of his 2025 base salary.

This is expected to be the first time Jordan has taken a pay decrease to an existing contract in his Saints career. He most recently signed a two-year extension in 2023 that guaranteed him $15 million. The Saints restructured that deal last year, pushing his 2025 cap number to $20 million.

Jordan had been set to make $12.5 million in base salary this year. Of that, $1.5 million was already guaranteed and the rest would have become fully guaranteed Friday.

He had made it clear that he didn't want to retire and would like to stay in New Orleans for another season if they wanted him back. Asked at the end of the season if he would accept a pay cut to stay, he said his agent would take care of any potential negotiating.

«I'm willing to work too, you