Saints Cap Moves: Derek Carr restructured, Erik McCoy restructured; J. Williams released; cap space is at -$8,543,537 (55 Viewers)

[dtpham]

Dark days. Can’t wait for the Carr era to be over.

 

[meily]

Will definitely be designated post 6/1. So half of that will hit the cap in 2026, half in 2027.

This was always the most likely scenario.

This is his final year.

 

[St. Geezy]

Carr could have agreed to add void years without new dollars, it would be a poor look for him to not do that for the team.

Edit: he already has enough void years in his deal to maximize cap savings.

Did we ever solve the question as to what lever was used on the contracts of Winston and Thomas that has allowed their cap hits to be still be getting taken off the books all the way now in 2025?

There’s something we are doing that’s allowing the hits to spread out further, years out even after the player isn’t on the team, but I haven’t put my finger on it.

 

[Rouxble]

Did we ever solve the question as to what lever was used on the contracts of Winston and Thomas that has allowed their cap hits to be still be getting taken off the books all the way now in 2025?

There’s something we are doing that’s allowing the hits to spread out further, years out even after the player isn’t on the team, but I haven’t put my finger on it.

They were both designated as post June 1 cuts last year, which let all dead money after 2024 get charged in 2025.

 

[Tulsa Saint]

Dark days. Can’t wait for the Carr era to be over.

It’ll be over next year

 

[St. Geezy]

They were both designated as post June 1 cuts last year, which let all dead money after 2024 get charged in 2025.

Ah…I don’t know why I thought those guys were gone a year longer than they have been. Guess the DA era just made time crawl by slower or something.

 

[Silly Burrito]

Mickey reared back and booted the BEJEEZUS out of that can.

 

[Tulsa Saint]

Mickey reared back and booted the BEJEEZUS out of that can.

How did he do that exactly?

 

[BoNcHiE]

We are in a better place next year to eat $60 million in dead money than we are to eat $50 million in dead money this year (assuming Carr doesn't perform).

Everyone is gonna scream at Mickey, but there wasn't much of a choice here. This was the most realistic way to set up Carr's departure.

And even though it's not a popular position, Kellen Moore wanting a starting QB to work with is understandable.

 

[DerrickB]

That's my guy!!

 

[Saintcd]

We are in a better place next year to eat $60 million in dead money than we are to eat $50 million in dead money this year (assuming Carr doesn't perform).

Everyone is gonna scream at Mickey, but there wasn't much of a choice here. This was the most realistic way to set up Carr's departure.

And even though it's not a popular position, Kellen Moore wanting a starting QB to work with is understandable.

That’s why everyone is going to scream at Mickey, he’s chosen to hamstring the team. Moore just ate a crap sandwich of a past coaches bad decision on Carr and now his cap hit next year.

 

[TonyV]

Ruiz should be up next still, followed by a cut or two, and something with the vets for sure.

 

[jeromed1936]

So, I'm assuming with this restructure. The likelihood of the Saints drafting a QB next month has gone up tremendously?

 

[MikeyF]

https://bleacherreport.com/articles/25166481-report-derek-carr-remain-saints-qb1-after-restructuring-contract-salary-cap

 

[St. Geezy]

Chicken littles on social media going nuts over news they've already gone nuts over weeks ago. What a whiny fanbase we have become.

And if we didn’t do this restructure and had no operating room for free agency, they’d be whining about us not being able to sign anyone.

Damned if you do, damned if you don’t.