Underhill: I think everyone involved knows Carr cannot play this year at his current salary (120 Viewers)

[ilvdsnts]

Some of you are conflating paycut and restructuring which are not the same thing. He can restructure his deal to help the Saints be cap compliant and have room to sign FAs and still get every penny owed to him without taking 1 red cent of a pay cut.

 

[No2DC]

I bolded the critical parts of what Underhill said below:

“Here’s the other thing: I don’t think anyone else is going to pay him $30 million. I’m not sure anyone else would pay him $25 million. I don’t know what the exact number is, but there’s a number lower than $40 million and higher than whatever Carr could get on the open market for the two sides to settle at and reach a true win-win compromise. That’s a lot of incentive for Carr to agree to that and stick around. I think both sides can see that.​

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What I think can’t happen is for Carr to return at his current number, and I think everyone involved knows that, too.”​

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This is Underhill stating his opinion. This is not Underhill reporting what the Saints or Carr have actually said.

Common sense for anyone not named Mick. He'll probably restructure for five more years the way Mick rationalizes things.

 

[No2DC]

Some of you are conflating paycut and restructuring which are not the same thing. He can restructure his deal to help the Saints be cap compliant and have room to sign FAs and still get every penny owed to him without taking 1 red cent of a pay cut.

We know the difference, that's the problem. Restructuring just kicks money down the road, and Mick already suggested we are keeping him.

 

[texasjefe]

If this were a college board, we would read Nick's post and then say... that'll be $9.95.

 

[DSnfla]

My comment was not directed at you. Underhill does more opinion pieces than actual reporting and he tends to blur the lines between the two, whether he intends to or not, based on what I see quoted from his website. Maybe on his website the tags articles as opinion pieces or reports.

I like NIck , he says " I don't know" more than any other reporter in the internet

 

[St. Widge]

Some of you are conflating paycut and restructuring which are not the same thing. He can restructure his deal to help the Saints be cap compliant and have room to sign FAs and still get every penny owed to him without taking 1 red cent of a pay cut.

He has no choice but to allow a simple restructure where salary is turned into a bonus. It's written into his contract that the Saints can do it at their will.

But that's not what Underhill was talking about. He's talking about an actual pay cut or some other form of restructure.

 

[Taker597]

He has no choice but to allow a simple restructure where salary is turned into a bonus. It's written into his contract that they Saints can do it at their will.

But that's not what Underhill was talking about. He's talking about an actual pay cut or some other form of restructure.

The only thing that makes sense is a void extension

 

[Merl]

Common sense for anyone not named Mick. He'll probably restructure for five more years the way Mick rationalizes things.

There is no reason or need to add more years to Carr’s contract. There is still 5 years left with the 3 void years and that is the most you can restructure a deal for.

 

[Merl]

I think what they might be working on is to move his $10M roster bonus to next year as guaranteed and then due a restructure of thev$30M salary. That will still make him releasable next year and lowers the cap hit this year

 

[Belfast Saint]

I like NIck , he says " I don't know" more than any other reporter in the internet

The veritable Michel de Montaigne of NFL reporting...

 

[solarbear88]

The money is already guaranteed to Carr and he's said he won't take less. Maybe Mickey will work some magic but I don't see a pay cut happening.

 

[St. Geezy]

The only thing that makes sense is a void extension

Another creative option is maybe using the fact that he missed so many games last year into an advantage by turning some of his salary into Unlikely to be Earned playing time incentives.

 

[soggymoss84]

The money is already guaranteed to Carr and he's said he won't take less. Maybe Mickey will work some magic but I don't see a pay cut happening.

He only has 10 million guaranteed right now. The reason he has so high of a cap hit/dead money is because of what we’ve paid him the past two years but haven’t taken the cap hit for it yet

 

[Taker597]

Another creative option is maybe using the fact that he missed so many games last year into an advantage by turning some of his salary into Unlikely to be Earned playing time incentives.

Well, it's getting down to the wire. I wonder what's the hang up. I think we should hear some news by sometime Wednesday. Hopefully, sooner.

 

[St. Geezy]

Well, it's getting down to the wire. I wonder what's the hang up..

Plenty of time left. Besides, the Saints organization as a whole prefers to wait until they have to on things like this. It’s almost like an organizational passion to only do or turn in things once they’re required to, and where applicable.

I’m guessing end of this week or early next week the news cycle will start churning.