Mike Garafolo: Saints are set to make a decision on Derek Carr within the next few weeks; likely to have multiple suitors if released

Why not? Seems like they have a ton of arbitrary and stupid rules with no rhyme or reason.
The cut with a June 1 designation was to allow cut players to get a new job while teams still had money during free agency. The teams still have to carry the cap number until June. In the case of a trade, that need is not there.