Derek Carr won’t take a pay cut for 2025 but willing to restructure to help the cap

Just Win Maybe said

From what I’ve read or heard on the radio that cutting him before the new league begins costs the saints some cap in 2025 but saves them a lot of money in the years after.

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He's owed 30 mil in salary. Cutting him saves that but the dead money evens it out to no savings in 2025. The real problem is you need to save money on his contract to become cap compliant in 2025. It's pretty much required to restructure him. It was probably always the plan for his contract. Paying him the 30mil salary for another year isn't the worst investment if we had the choice anyway.

In 2026 we could cut him to save a ton of cap room and that's when all our older player's contracts end anyway. So settle in for 1 more year. 2026 will open up the roster.