New Orleans Saints safety Roman Harper was a late arrival at Thursday's Organized Team Activity session, and we might know why now. According to NFL.com's transaction page, Harper signed a renegotiated contract Thursday. A league source has also confirmed Harper has signed a renegotiated deal.

The New Orleans Saints saved $3.44 million against this year's salary cap by signing a new deal with safety Roman Harper. He will count $3.66 million against the cap now, down from $7.1 million.

Harper took a pay cut of $1.5 million this year as part of the deal (from $5.35 million to $3.85 million). But it was a win-win now that he gets almost all of the money up front and doesnt have to worry about being released as a cost-saving measure.

Harper received a signing bonus of $2.91 million, plus a base salary of $840,000 in 2013. He also kept his $100,000 workout bonus.

Next year Harpers salary will drop from $6 million to $2.35 million, with another $800,000 in bonuses. His cap number will drop from $7.9 million in 2014 to $5.87 million.