Saints QB Derek Carr has reportedly restructured contract to clear up $23M in cap

New Orleans Saints quarterback Derek Carr (4) reacts after a play during an NFL football game against the Atlanta Falcons, Sunday, Jan. 7, 2024, in New Orleans. (AP Photo/Tyler Kaufman)

The New Orleans Saints have reportedly restructured the contract of quarterback Derek Carr to provide the Saints with $23 million in cap relief.

Carr’s contract runs through 2026, and his base salary for the 2024 season was $30 million. New Orleans has converted that to signing bonus to help get the team closer to being under the cap.

This story will be updated.

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