Ex-Raiders QB Derek Carr agrees to deal with Saints

Former Las Vegas Raiders quarterback Derek Carr has agreed to a four-year contract with the New Orleans Saints, the team announced Monday.

Financial terms were not disclosed but sources told ESPN that Carr agreed to a deal that could potentially be worth up to $150 million and includes up to $100 million in guarantees. Carr will receive $60 fully guaranteed at signing and another $10 million once he starts Year 3 of the deal, the sources said. He will earn $60 million in the first two years of the deal.

The Saints, who finished 7-10 last season, were among three teams, including the New York Jets and Carolina Panthers , to have pursued Carr for several weeks. Carr, 31, visited New Orleans and met with several members of the organization over two days in early February. He also met again with the team last week at the NFL scouting combine in Indianapolis.

The Saints entered the offseason more than $50 million over the expected 2023 salary cap of $224.8 million but now need about $18 million to become compliant after contract restructures for several players. The next question after Carr is what they'll do with wide receiver Michael Thomas , who restructured his contract earlier in the offseason to give both sides more flexibility ahead of free agency. He remains under contract at this time.

https://www.espn.com/nfl/story/_/id/35797963/sources-saints-front-runners-sign-qb-derek-carr