New Orleans Saints outside linebacker Demario Davis will be able to earn up to $18M in new money across the next three seasons. Joe Nicholson-USA TODAY Sports

The Saints have made a number of changes to the contract status of linebacker Demario Davis. Chief among those is a one-year extension to his existing contract, as detailed by ESPN’s Field Yates.

As a result of the re-working of his existing pact, coupled with the extra year being tacked on, Davis can earn up to $18M in new money across the next three seasons. One-third of that total is represented by incentives, but the new year in 2024 also includes a $10M base salary and $2M roster bonus.

No changes were made to his 2022 cap status, meaning that he will carry a charge of $5.9M for the upcoming season. In 2023, Davis will see a slight reduction in his salary, but the addition of an equally valued workout bonus; the Saints are also guaranteeing $1M of his compensation for that season. While his cap hit will spike next year, the Saints would essentially see no financial relief from cutting him.

In all, as Yates writes, Friday’s move provides the 33-year-old with “additional security” regarding his financial future. It comes in the wake of recent speculation on that very subject, with Davis himself acknowledging the potential uncertainty he faced in the latter stages of his career. Now, he and the Saints can move forward with greater confidence, as Davis looks to continue his consistent production in New Orleans. The Arkansas State alum has totaled no fewer than 105 tackles in each of his four seasons with the team, missing just one contest during that span. He has been named an All-Pro in each of the past three years.

With an important piece of business done, an integral member of the new-look Saints defense is on the books through 2024, which should allow him to continue his standard of play for at least the near future.

More must-reads:

TODAY'S BEST
Mavs get good news on Maxi Kleber ahead of Game 4
Patriots exec discusses team's approach to QB competition
Braves to promote No. 3 prospect for MLB debut Wednesday
Diamondbacks release veteran infielder
Packers' former first-round pick planning to make 'monster leap'
NFLPA finalizing proposal for major change to offseason schedule
LeBron James shouts out Jaylen Brown after Celtics advance to NBA Finals
Pacers collapse down the stretch as Celtics sweep ECF
Hall of Famer, beloved broadcaster Bill Walton dead at 71
Jason Robertson leads Stars to comeback win over Oilers in Game 3
Despite recent form, Rafael Nadal's legacy is still gold standard for tennis
Bengals coach offers significant injury update on QB Joe Burrow
MLB officials expect automated ball-strike system to be implemented in 2026
Vikings reportedly considered Justin Jefferson trade during NFL Draft
A matured Kyrie Irving is finally proving to be the star we all knew he could be
Insider: Sixers 'a threat' to sign LeBron James in free agency
Week 14 NASCAR rankings: Larson's no-show shakes up the running order
Three hitters Braves should target after losing Ronald Acuna Jr.
Shohei Ohtani shares major update on his pitching rehab
Status of Pacers' Tyrese Haliburton revealed for Game 4 of ECF

Want more sports news?

Join the hundreds of thousands of fans who start their day with Yardbarker's Morning Bark, the best newsletter in sports.