Loomis debt trapped the team. Every year we are forced to restructure in a way that ruins next year's cap and chances to win.
Option 1: This offseason Loomis will restructure 30-38M of Carr's salary tying us to him for 2025 and 2026. Carr will then have a 90M+ cap cost in in 2026 and we will sign Carr to an overpriced extension for cap reasons. Since we did a max restructure, we also bring back Chase Young on a backend deal. This is the "win now" plan with a new HC.
Option 2: Loomis has several handshake retirement/injury agreements with Jordan, HB, Hill, and Ram. We basically PUP list all of them at league minimum like we did with Ram this year. It spreads the signing bonus out over more years and allows for a post-June 1 "retirement" in 2025 or 2026. We restructure only 15-20M of Carr's contract and make him our 1 big cut after 2025. We skip big FA signings and basically tell the new HC he has a pass for this year.
Either way, we are dependent on drafting really well and signing UDFAs because this team can't buy it's way out of a talent hole.