Underhill thinks Carr will be Saints starter [mod edit: Moore-Carr meeting went well; Saints plan is to keep Carr in 2025 & figure out contract]

There is no out next year unless they don't restructure him, but that's pretty close to impossible. If they do a full restructure his cap hit is $69m to keep and $60m to cut in 2026. Even with a June 1 cut they'd have to carry that $60m until June. Looks like what they'll have to do is keep Carr in 2026 and eat his $40m of void year money in 2027.
You can save 10mil cutting him next year after a full restructure this year. That is an out. They'll be hard pressed to pay him 50 mil in salary. Only way he stays in 2026 is if he inks a new contract.