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Re: The Saints Could Theoretically Give Derek Carr A True Pay Cut Ultimatum
I guess on way to look at it is, if we are rebuilding and going to have to absorb Carr's cap hit anyway, why not retain him? If you (not you personally, Bako) think Carr sucks so badly why not let him contribute to our crappy season for a better pick in 2026? Or are y'all afraid that he'll contribute to too many wins?
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Re: The Saints Could Theoretically Give Derek Carr A True Pay Cut Ultimatum
The decision to keep or cut should be darn near 100% up to Moore. That was the point of hiring him.
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Re: The Saints Could Theoretically Give Derek Carr A True Pay Cut Ultimatum
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The basic thing to understand is that whenever you write a player a new check, you have more money charged against your salary cap, but there are ways to delay some of that money for up to 5 years, but its going to be charged eventually once you write the check. If we keep Carr this year, we have to write him $40 million in new checks. Here is an approximate breakdown, assuming Carr would sign for over $10 million elsewhere if cut and trigger the offset. Keep Carr: $51 million cap charge for 2025, $29 million in prorated money against the cap in 2026 and beyond, which is due even if Carr is cut in 2026. Plus another $50 million against the cap 2026 and beyond if he is retained to 'play out his contract.' Restructure Carr: $20 million cap charge for 2025, $61 million in protated money against the cap in 2026 and beyond, which it due even if Carr is cut in 2026. Plus another $50 million against the cap 2026 and beyond if he is retained to 'play out his contract.' Cut Carr as an ordinary pre-June-1 cut. $40 million cap charge for 2025. Zero obligations against the cap for Carr in 2026 and beyond. Cut Carr with a post-June-1 cut tag. $11 million cap charge for 2025 and $29 million cap charge for 2026. As you can see, when you consider the cap beyond 2025 year, it saves the Saints $30 million salary that nobody pays and $10 million roster bonus that another team offsets if they cut Carr now. If they wait until 2026 they pay that money and that $40 million has to hit against future caps. If they keep him in 2026 they owe another $50 million which can be restructured and spread out but will hit the cap eventually. If the the Saints restructured everything in 2025 and 2026 and just let Carr play out his contract, they would face $81 million in dead cap in 2027. They currently owe Carr $17 million dead money in 2027 with the contract as is. Restructuring his $40 million in 2025 would spread it out to $8 million a year over 5 years, so $24 million more for dead money in 2027 since $16 million would be paid in the first 2 years, and then another $40 million dead money from a 2026 restructure, where $50 million is spread out to $10m/yr for 5 years, putting money out to 2030. But all that 2027-2030 money hits at once in 2027 if his contract voids, so $81 million dead cap in 2027. As you can see, the problem doesnt get better if we wait, it gets worse. $40 million dead cap now is chump change. |
Re: The Saints Could Theoretically Give Derek Carr A True Pay Cut Ultimatum
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Re: The Saints Could Theoretically Give Derek Carr A True Pay Cut Ultimatum
I always liked Carr and thought he was a good QB in a crappy system. He is average and expensive. I'd like to cut him and run with Rattler for a season. If he does grow that's great. If not, we draft higher next year.
I can put up with a rebuilding year. What I can't do is watch us draft players again with high RAS scores and potential that need development. |
Re: The Saints Could Theoretically Give Derek Carr A True Pay Cut Ultimatum
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It’s going to take a while to clean up this mess that has happened over the last 4-5 years with Loomis. Restructures, cuts, new scheme, culture etc. Saints MUST rebuild this team through the draft. That is the only way you are going to become competitive at this level & not just winning 8 or 9 games & drawing up some mathematical equation to ensure a playoff (4 years and counting) spot. I hope Kellen Moore is up to the task. It’s going to be a difficult road ahead. |
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