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this is a discussion within the Saints Community Forum; Originally Posted by jnormand Well that was my point. I understand keeping him this year and having him play under his current contract What I don’t want them to do is restructure his contract so he gets paid less this ...
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Join Date: Sep 2007
Location: Bossier City, LA
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Re: CARR “STARTING” AS OUR QB NEXT YEAR?
Originally Posted by jnormand
It's all semantics. If Carr plays for us this season his salary plus guaranteed roster bonus and previous prorations total $51.458 million for 2025. That cannot be done with our lack of cap space. All we CAN do is to convert his $30 million base salary and $10 million roster bonus to a signing bonus prorated to his voidable years. We're paying him exactly the same amount either way. By converting it frees up the 2025 cap so we can become compliant. We are not paying him any more nor is he playing for anything any more either way. We're simply accounting for that pay in a future period where those funds make up a smaller percentage of the growing cap than it does in 2025. It's a win/win if you are planning on keeping him for 2025 either way.
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“The pessimist sees difficulty in every opportunity. The optimist sees the opportunity in every difficulty.” — Winston Churchill
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