The New Orleans Saints have released Thomas Morstead after 12 seasons.

The 35-year-old punter said he intends to keep playing. The Saints released him in part because of their severe salary-cap constraints and in part because he had a rare down season in 2020.

Morstead was set to earn $3.5 million in salary and bonuses this year, with a cap charge of $4.5 million. He will still count $2 million in dead money against the salary cap.