March 8, 2025
Carr (hand) and the Saints are working toward converting most of his money into a signing bonus to create salary cap space,
Mike Garafolo of NFL Network reports.
ANALYSISCarr and the Saints have spent multiple weeks discussing options on how to reduce the quarterback's salary cap hit. Converting Carr's salary to a signing bonus appears to be the route the two sides are going and will clear up about $30 million in cap space, per
Nick Underhill of NewOrleans.Football, and all but guarantees that the 2014 second-round pick will return to New Orleans for a third season. Carr missed seven games in 2024 due to a left oblique injury and a fractured left hand, and he finished the regular season completing 67.7 percent of his passes for 2,145 yards, 15 touchdowns and five interceptions across 10 games.