Jairus Byrd, the often controversial free agent signing by the Saints, is expected to be released on the first day of free agency. Byrd, 30, still had three years left on the six-year contract. He had three interceptions in three seasons with the Saints. The Saints will absorb a cap hit of $8 million to move on from Byrd. He played in all 16 games last season for the first time since 2012.
Source: The #Saints will release big-money safety Jairus Byrd on first day of FA. Another top DB available.
— Ian Rapoport (@RapSheet) March 1, 2017
— Brian lang (@hodson_brian) March 1, 2017
— Jason_OTC (@Jason_OTC) March 1, 2017
This is why the Saints used a 2nd Round pick on Vonn Bell last April and J. Byrd's $$ payout and production never came close to matching. https://t.co/vwbkk89yfX
— Michael Detillier (@MikeDetillier) March 1, 2017
The Saints signed Jairus Byrd to a $54 million deal at the beginning of free agency in 2014. The $54 million deal that included $28 million guaranteed.