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Will Smith takes $6 million pay cut
Will Smith - DL - New Orleans Saints
March 13, 2013 - 3:10 AM ET

Saints DE Will Smith took a $6 million pay cut to stay with the team.

His base salary was chopped from $9 million to $3 million. Smith essentially now has a two-year, $14.4 million contract, though in 2014 his salary skyrockets to $10.4 million. Smith will be 33 then, so 2013 will almost certainly be his last season in New Orleans. Smith's pass-rush ability has evaporated.

Source: ESPN.com
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