Saints Revamp Derek Carr's Contract, Clearing $23M in Cap Space
The New Orleans Saints are restructuring quarterback Derek Carr's contract by converting a portion of his base salary to a signing bonus, providing about $23 million in cap savings for the club. Carr signed a four-year deal with the Saints just over a year ago and led the team to a 9-8 record in 2023, completing 68.4 percent of his passes for 3,878 yards with 25 touchdowns and eight interceptions.