- Derek Carr played for nine years with the Raiders.
- The Raiders cut Carr on February 14 to avoid paying him $40 million.
- New reports indicate that Carr may sign with the Saints as early as March 6.
NFL free agency doesn’t start until March 15, yet word came on Monday morning that Derek Carr might be headed to the Saints right now.
Casual fans might be wondering how this is possible. If you’ve missed some of the key news around Carr over the last few weeks, here’s what’s going on.
Saints have emerged as the front runners to sign former Raiders’ QB Derek Carr and an agreement could be reached as early as today, per league sources. pic.twitter.com/f02UQ3m1pL
— Adam Schefter (@AdamSchefter) March 6, 2023
Derek Carr: Saints Close to Acquiring Former Raiders Quarterback
Derek Carr was under contract with the Raiders – first in Oakland, then Las Vegas – for the first nine years of his career. His most recent contract, which extended through 2025, guaranteed Carr $40.4 million if he was still rostered by the Raiders on February 15.
The Raiders didn’t feel that Carr was worthy of an investment of that magnitude, so they cut him from the team on Feb. 14.
As an unaffiliated player with no contract, Carr is free to sign with whichever team he prefers. He doesn’t need to wait for free agency, which is when some players who are currently under contract will reach the end of their deals.
The Raiders’ decision could ultimately end up paying off for Carr and the Saints.
Saints News: Derek Carr Signing Not Yet Official
For now, all NFL fans have are rumors, though that hasn’t changed the NFL futures markets.
The NFC South division winner odds changed for each team:
| Team | Current Odds | Previous Odds |
|---|---|---|
| Saints | +130 | +200 |
| Panthers | +250 | +200 |
| Bucs | +400 | +375 |
| Falcons | +425 | +350 |
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