The Facts: According to ESPN's Field Yates, Meredith has agreed to a pay cut, reducing his base salary from $3.4 million to $1.3 million for 2019.
Diehards Line: His cap number, which would have been $6.47 million under his old contract, reduces to $4.15 million. ... The Saints signed Meredith to an offer sheet as a restricted free agent from the Bears last year, and the Bears declined to match it. But knee issues, which cost him the entire 2017 season, also cost him most of the 2018 season. The last time Meredith was fully healthy, he was the Bears’ leading receiver, catching 66 passes for 888 yards in 2016.