Done Deal: @DerekCarrQB signs with the #Saints ⚜️ pic.twitter.com/VTWZE346sl
— New Orleans Saints (@Saints) March 11, 2023
Former Las Vegas Raiders quarterback Derek Carr made it official with his new team, the New Orleans Saints, as he signed his contract before holding his introductory press conference with local media on Saturday with his wife and children in attendance, as well as Saints brass like head coach Dennis Allen, general manager Mickey Loomis, and team owner Gayle Benson.
As a bonus, we got a rare glimpse of the man behind the Saints’ salary cap magic. Football administration vice president Khai Harley is the league’s best-kept-secret, and he worked his magic yet again with Carr’s contract, getting his initial cap hit down just $7.2 million in the first season. It’ll go up to $35.7 million next season, but this allows the Saints to make more moves with the immediate future in mind.
Carr’s contract, worth a maximum of $150 million over four years, has him ranked as the 10th-highest-paid player in the league. Everyone else above him is also a quarterback, which includes Daniel Jones who just signed a new deal with the New York Giants. The Saints have a potential out in the contract after the second year, but hopefully Carr plays well enough to where that isn’t a consideration.