Saints Cap Moves: Derek Carr restructured, Erik McCoy restructured; J. Williams released; cap space is at -$8,543,537

TruSaint said
Can someone explain this to me like my IQ is 90ish?

Other teams are starting to pay mid QB’s 50 million a year so Carr thinks he’s worth the 40 million and refused to take a paycut. It was easier to restructure him and take the hit next season than to cut him this season.