Saints Cap Moves: 3 restructure, 1 extension , 1 release; cap space is at -$3,875,537

SoggyBottomBoy said

Question about Carr's contract. I may be oversimplifying but his contract was a four year deal and had a $100M guaranteed payout. Has that $100M guaranteed figure changed over the restructures? How much has he being paid on average per year? If we cut him after the 2025 season will it have been $33.333M per year?

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We are still playing him the original $100m over the first three years, so yes, if we cut him after this year we paid him $33.3m/year.

Splitting hairs, but the original contract had $70m fully guaranteed plus $30m in injury guarantees. There was an out in the third year (which would have allowed us to only pay $70m for the first two years of the deal), but our cap situation would have made it difficult for us to use that out.