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I think you take whatever lumps you can in 2025 and 2026, even if it means you are starting undrafted free agents at some positions. If we were to outright cut Carr, it's $50M dead this year, but that's it, he's done, off the books. If he's post June 1, $30M of dead money is deferred onto next year's cap (according to overthecap.com). There are other moves to get us under the cap. Cutting Carr opens up a roster spot and we roll with Haener/Rattler/???. You know it's going to be challenging and lots of losses in 24 & 25. But we've had lots of losses/mediocrity the past 4 seasons anyway. There's no magic to make us contenders anyway the next 2 years, so blow it up in whatever way makes it mathematically possible to dump as many bad contracts as quickly as possible, without worrying about the win/loss record over the next two years.
I don't know that we can get under the cap without restructuring Carr this year. But Elvis or Rouxble would know better. But, I think you keep Carr for one more year and hope to draft a franchise QB or develop Rattler next year. Then you release him next year when you hope to have either Rattler or the rookie you draft this year ready to go. Carr isn't great but he's also not really the issue and, if one of the young QBs win the job, then you have a good backup QB and move on next year.