The Saints are restructuring Derek Carr’s contract to open up $30.9 million in 2025 cap space, according to a source on Saturday.
The Saints plan to convert Carr’s $30 million base salary and $10 million guaranteed roster bonus to a signing bonus, pushing money to future years and lowering his 2025 cap figure to $20.4 million. Carr’s base salary was set to become fully guaranteed Friday.
