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

The saints are in a much better place to eat his hit next year with very likely a rookie QB contract starting next year.
We do not know that. Just because OTC shows us with cap room now does not mean we will be in a better position next year. We have less players already under contract in that number and it does not include the cost of whatever FA signings are made this year. We will be better able to judge this once the season starts.