According to ESPN’s Jeremy Fowler, the New Orleans Saints have adjusted quarterback Derek Carr’s deal in an effort to bring the team closer to adhering to the salary cap in the league. The Saints should benefit from a $23 million salary cap relief as a result of the trade.
Carr was scheduled to earn a $30 million base salary this season after agreeing to a four-year, $150 million contract with the Saints in March. In an attempt to come closer to cap compliance by the March 13 deadline, the team decided to turn it into a signing bonus.
However, this decision increases Carr’s dead cap hit to $50 million in 2025, making it more challenging to part ways with him in the future, as per Spotrac on X.
The 32-year-old quarterback finished the season with 3,878 yards, 25 touchdowns and eight interceptions, leading the Saints to a 9-8 record.
Despite finishing tied for first place in the division, they lost the playoff tiebreaker to their rival, the Tampa Bay Buccaneers.
This will not be the final move for the Saints, who remain $40 million over the salary cap. Expect more contract reconstructions and possible releases in the coming weeks.
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