A saw blade includes a circular core having a plurality of cutters disposed along a periphery thereof, and a central bore configured to receive an arbor of a rotating power tool. A plurality of gullets is located in spaced relation between the cutters, extending radially inward from the periphery. Each of the gullets includes a neck portion defined by side walls extending radially inward and extending divergently from one another into an arcuate base. The arcuate base extends along concave arcs to a linear base portion disposed at a radially innermost portion thereof, and which intersects a radius of the saw blade.