If we keep Carr, we could ask him to take a pay cut.

BakoSaint · 11-04-2024, 09:40 PM

I think we should designate Derek Carr a post-June-1 cut this offseason and cut him.

Carr's $10mil roster bonus for 2025 is already guaranteed but his $30mil salary is not, and if we designate him a post-June-1 cut we can save that $30mil off the cap and the big dead cap hit will be delayed to 2026 (and will not hurt our 2026 cap as it will erase his $50mil salary that year to offset).

The idea that we have a better 'out' with Carr contract after 2025 or 2026 seasons is BS. The outs look better now, but if we restructure Carr's contract inbetween to kick the can down the road, those outs disappear, and extending Carr into 2030 becomes the out.

But if the front office is on the fence about cutting Carr vs. a classic restructure to kick the can and retain Carr, there is a middle option.

While the $10m roster bonus is already a sunk cost, we could play chicken with Carr over the prospect of a cut to reduce his $30m base salary for 2025 without kicking the can, a straight salary reduction. If another team would offer Carr $30m for 2025 then he would have no fear of being cut, but if the market for Derek Carr is less than $30mil guaranteed as a free agent, he might agree to a salary reduction rather than being cut and losing $30m.

So what is the market for Derek Carr? Who would give him $30mil? I can see teams possibly giving him $20mil as a bridge QB or short term option but I don't think anyone would offer $30mil.

So I hope we cut Carr. But if we don't, I hope we get him to reduce his base salary to $20mil, or less if his performance continues to struggle. I just don't see another team giving him more, so if we pay at all, why overpay?

SmashMouth · 11-04-2024, 11:31 PM

Crusader · 11-05-2024, 12:23 AM

Originally Posted by SmashMouth

https://twitter.com/Kat_Terrell/stat...74186528026655

McCoy and Granderson are the only two on that list where the money makes sense. Those two guys are pieces to build the near future around.

SmashMouth · 11-05-2024, 07:46 AM

Originally Posted by Crusader

McCoy and Granderson are the only two on that list where the money makes sense. Those two guys are pieces to build the near future around.

And Ruiz...

saintsfan1976 · 11-05-2024, 08:48 AM

He stuck the Raiders out of spite for firing his coach.

I feel we're in the same scenario here...

Big_L · 11-05-2024, 08:52 AM

I think Cam and DD will do us a solid and renegotiate for the vet minimum and retire.

11-04-2024, 09:40 PM	#1
BakoSaint 1000 Posts + Join Date: Dec 2018 Posts: 2,118	If we keep Carr, we could ask him to take a pay cut. I think we should designate Derek Carr a post-June-1 cut this offseason and cut him. Carr's $10mil roster bonus for 2025 is already guaranteed but his $30mil salary is not, and if we designate him a post-June-1 cut we can save that $30mil off the cap and the big dead cap hit will be delayed to 2026 (and will not hurt our 2026 cap as it will erase his $50mil salary that year to offset). The idea that we have a better 'out' with Carr contract after 2025 or 2026 seasons is BS. The outs look better now, but if we restructure Carr's contract inbetween to kick the can down the road, those outs disappear, and extending Carr into 2030 becomes the out. But if the front office is on the fence about cutting Carr vs. a classic restructure to kick the can and retain Carr, there is a middle option. While the $10m roster bonus is already a sunk cost, we could play chicken with Carr over the prospect of a cut to reduce his $30m base salary for 2025 without kicking the can, a straight salary reduction. If another team would offer Carr $30m for 2025 then he would have no fear of being cut, but if the market for Derek Carr is less than $30mil guaranteed as a free agent, he might agree to a salary reduction rather than being cut and losing $30m. So what is the market for Derek Carr? Who would give him $30mil? I can see teams possibly giving him $20mil as a bridge QB or short term option but I don't think anyone would offer $30mil. So I hope we cut Carr. But if we don't, I hope we get him to reduce his base salary to $20mil, or less if his performance continues to struggle. I just don't see another team giving him more, so if we pay at all, why overpay?
BakoSaint 1000 Posts + Join Date: Dec 2018 Posts: 2,118

11-04-2024, 11:31 PM	#2
SmashMouth I donated, did you? Join Date: Sep 2007 Location: Mandeville, LA Posts: 38,092 Blog Entries: 29	Re: If we keep Carr, we could ask him to take a pay cut. Twitter

11-05-2024, 12:23 AM	#3
Crusader Resident Swede Join Date: Sep 2005 Location: Märsta, Sweden Posts: 8,019	Re: If we keep Carr, we could ask him to take a pay cut. Originally Posted by SmashMouth https://twitter.com/Kat_Terrell/stat...74186528026655 McCoy and Granderson are the only two on that list where the money makes sense. Those two guys are pieces to build the near future around. jlouhill likes this.

11-05-2024, 07:46 AM	#4
SmashMouth I donated, did you? Join Date: Sep 2007 Location: Mandeville, LA Posts: 38,092 Blog Entries: 29	Re: If we keep Carr, we could ask him to take a pay cut. Originally Posted by Crusader McCoy and Granderson are the only two on that list where the money makes sense. Those two guys are pieces to build the near future around. And Ruiz... jlouhill and Big_L like this.

11-05-2024, 08:48 AM	#5
saintsfan1976 10000 POST CLUB Join Date: Apr 2007 Location: Atlanta Posts: 10,821 Blog Entries: 3	Re: If we keep Carr, we could ask him to take a pay cut. He stuck the Raiders out of spite for firing his coach. I feel we're in the same scenario here... SmashMouth likes this.

Latest Blogs
2023 New Orleans Saints: Training Camp Last Blog: 08-01-2023 By: MarchingOn Puck the Fro Browl! Last Blog: 02-05-2023 By: neugey CFP: "Just Keep Doing What You're Doing" Last Blog: 12-08-2022 By: neugey

11-05-2024, 08:52 AM	#6
Big_L Registered Join Date: Oct 2022 Posts: 34	Re: If we keep Carr, we could ask him to take a pay cut. I think Cam and DD will do us a solid and renegotiate for the vet minimum and retire. SmashMouth likes this.
Big_L Registered Join Date: Oct 2022 Posts: 34