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

It was the only realistic option financially. They can add free agents the next two years to rebuild and change their schemes. Preferably, young long term contracts this year. The only way to ever rebuild the roster was to draft well regardless.
If the plan is to rebuild through free agency, the biggest issue is QB. There’s many philosophies but how do you get a good one if you’re never at the top of the draft? This is the closest we’ve been to the #1 pick since 2008, and that was still only pick #7.