Jenkins agreed Wednesday to restructure his contract with the Saints, Ian Rapoport of NFL Network reports.

Jenkins' restructured contract will save the Saints roughly $3.4 million in cap space in 2021. With New Orleans' cap situation being so tight -- especially in a rare offseason where the overall salary cap has actually decreased -- it's not surprising to see the team continue to rely on such methods. Drew Brees, Wil Lutz, Demario Davis and Cameron Jordan had all agreed to restructured contracts prior to Jenkins.