Dennis Allen continues to respond in the affirmative when asked if Marshon Lattimore will be part of the 2024 Saints. The third-year New Orleans HC kept this trend going from OTAs this week.
Trade rumors have persisted, after teams checked in on Lattimore earlier this offeason. This led to Allen discussing the rumors with the Pro Bowl cornerback earlier this month. Lattimore’s thrice-restructured contract — a $19.4MM-per-year deal — runs through the 2026 season.
“I just thought it was something we needed to communicate,” Allen said, via ESPN.com’s Katherine Terrell, upon noting Lattimore will be a Saint this season. “There’s been a lot of talk outside our building about trades and things of that nature. And so I just felt like it was probably time that he and I had a conversation. … It was a positive conversation and we’re looking forward to getting him out when he’s here and working with him.”
Lattimore, 28, did not show for the first batch of Saints OTAs. Allen said he has not been in the building this offseason, indicating his recent conversation with Lattimore was the parties’ first in a while. Though, missing voluntary workouts is not an atypical development for the talented defender. That said, the seven-year veteran is coming off two injury-plagued seasons.
Lattimore went down with an ankle injury and missed the Saints’ final seven games. He missed 10 due to a lacerated kidney in 2022, though the Saints did not place the former All-Pro on IR that year. While Lattimore did land on IR in 2023, NOLA.com’s Jeff Duncan notes internal frustration came about at the pace the veteran CB recovered from each injury. This concern undoubtedly rankled Lattimore’s camp.
Availability issues already severed the Saints’ relationship with Michael Thomas, though the team gave the former All-Pro wideout a few chances to bounce back. Lattimore is three years younger than Thomas and has a more recent history of playing at a high level. The Saints, however, traded up for Kool-Aid McKinstry in the draft and have rookie-contract corners Paulson Adebo and Alontae Taylor on the roster.
The Saints’ latest Lattimore restructure made his contract more tradeable, as it lowered his 2024 salary cap number (to $14.62MM) by inserting option bonuses. Rather than using a signing bonus as a conversion tool, New Orleans introducing option bonuses here would make those another team’s responsibility if Lattimore is traded. The deal now contains $13.79MM in options bonuses prorated over the next five years.
Similar to the Packers’ final arrangement with Aaron Rodgers, Lattimore’s 2024 option bonus — which is worth just $2.76MM — does not have to be exercised until a week before the season. While that structure certainly leaves the door open for a trade, nothing is imminent. If Lattimore is dealt after June 1 this year, the Saints would take on only $10.65MM in dead money.
Even as trade rumors swirl involving a boundary corner with four Pro Bowls on his resume, Duncan views a Lattimore trade as highly unlikely. Barring a monster offer, the Saints will be expected to give the Ohio State alum another shot to stay healthy and rejoin Cameron Jordan, Demario Davis and Tyrann Mathieu as veteran presences on Allen’s defense. This still may be a situation to monitor, but for now, it does not appear Lattimore is too close to being moved.