New Orleans Saints general manager Mickey Loomis said he believed the team had a quarterback they could win with in Derek Carr.
And now, he's not going anywhere for 2025.
The Saints restructured Carr's contract on Saturday, a source with knowledge of the situation confirmed — a move that all but guarantees he'll be on the roster, and the team's likely starter, next season.
By converting Carr's contract, the move can go a long way toward helping the Saints toward becoming cap compliant in time for the new league year — which begins Wednesday. The Saints were more than $40 million over the salary cap as of last week when the league set next year's salary cap at $279.2 million.
This will be Carr's third season with the Saints. He signed a four-year, $150 million contract in 2023 and has gone 14-13 as a starter in his two years with the franchise.