Bush deal in; Saints $3.6 million under cap

The New Orleans Saints are now $3.6 million under the salary cap, according to the NFL Players Association, after their latest flurry of moves. Their new two-year deal for safety Rafael Bush was officially processed on Thursday.

Bush’s deal is worth between $3.8 million and $4.55 million, depending on incentives.

He’ll make $1.85 million this year, which is also his 2014 salary-cap cost. Bush did not receive a signing bonus, but $850,000 of his salary is guaranteed.

He is due $1.95 million in 2015, which is also his 2015 cap cost. He can earn an escalator of up to $750,000 next year based on interceptions and a Pro Bowl appearance this season.

Bush was already on the books for a $1.4 million cap hit this year since the Saints had previously made him a one-year qualifying offer as a restricted free agent. So the new deal doesn’t affect the cap much.