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?

Sounds like they wanted to do something more complex but ultimately settled on just the standard max restructure.

Maybe they thought they made leeway on a paycut or something incentive laden, but in the end whatever it was fell through.