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Carr is more likely than not gone in 2026.
For us, cap wise there is no difference if we trade him june 2nd - start of the season vs 2026 offseason.
Are you factoring in a 2026 dead cap charge?
John Sigler:
The salary camp impact of trading or releasing Carr after June 1, 2025 is the same: $1,255,000 in savings and $19,207,000 left over in dead money on this year's cap sheet. But a whopping $59,670,000 would get punted onto the 2026 salary cap. The Saints don't have any dead money on next year's books, yet, but that's going to change once Ryan Ramczyk files his retirement papers this summer. More dead money will come in as players leave the team next offseason, either through retiring themselves or being released outright.
They'll incur a $20M dead cap charge if they move him after June 1, 2026, but they have to carry his $69M salary cap charge on league year day 1 in March 2026, which may limit 2026 free agent spending.