Breaking: The Saints have a $40 million commitment to Derek Carr

Derek Carr has a $40 million contract with the New Orleans Saints

 

Last year at this time, the Raiders benched and sent home quarterback Derek Carr in order to avoid owing him $40 million, fully guaranteed. This year, the Saints don’t have that luxury.

They’re already on the hook for $40 million, as a practical matter. Carr’s contract pays out a $30 million salary in 2024, all of which is fully guaranteed. Another $10 million due in 2025 becomes fully guaranteed in March 2024. The Saints can avoid the extra $10 million only by cutting Carr before the payment vests.

Would they pay him $30 million to go away, in order to avoid owing another $10 million? Probably not. But if a coaching change is coming (Saints fans periodically clamor for one), a new coach might be willing to take the hit — especially since an offset obligation would apply to the 2024 salary.

How much would someone else pay him, if he were available? He’s good enough to be almost good enough. Plenty of teams don’t have that. How much is it worth?

Then there’s the possibility of a trade. It wouldn’t be easy at this point to get another team to take on the current financial obligation the Saints have to Carr. Would the Saints pay $15 million of his salary?

Be the first to comment

Leave a Reply

Your email address will not be published.


*