Originally due to expire at the conclusion of the 2023 season, the New Orleans Saints and linebacker Demario Davis have reached an agreement to extend his deal. The veteran has signed a one-year contract deal until 2024, according to ESPN‘s Field Yates.
Until the end of the 2024 season, he’ll be able to earn $14 million, which includes a $10 million basic pay, a $2 million roster bonus, and $2 million in incentives.
From 2022 through 2024, the Saints tacked on an additional $2 million in incentives for a grand total of $6 million.
There is a new $250,000 workout bonus and a guaranteed $1 million in Davis’ 2023 basic salary of $8.25 million. New Orleans’ 2022 salary cap is unaffected by this decision, says Yates.
Davis to remain in New Orleans until 2024
Davis, 33, was drafted by the Jets in the third round of the 2012 NFL Draft. When he signed a two-year, $8 million deal with the Browns in 2016, he received $4.2 million guaranteed. In 2017, the Jets acquired the linebacker in exchange for S Calvin Pryor.
Next, he agreed to terms with the Saints for a three-year, $24 million contract the following year. A full-time player in 2021, Davis had a productive season with the Saints, playing in all 16 games and totaling 105 tackles, three sacks, and seven pass deflections.
