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NFL Insider Reveals Full Details Of Derek Carr’s New Contract

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March 6, 2023

(Photo by Steve Marcus/Getty Images)

The New Orleans Saints were in the market for a quarterback, and they got the best guy available.

A couple of weeks after Carr and HC Dennis Allen got together to discuss a potential future with the organization, they finally reached an agreement on a new deal.

According to NFL insiders Mike Garafolo and Ian Rapoport, Carr is signing a four-year contract worth $150 million, with $100 million in total guarantees.

Per Rapoport, Carr will get $70 million fully guaranteed, $60 million at signing, and $10 more million in Year 3 vesting after Year 1.

That way, the deal is structured to help the team continue making some big moves in the offseason by easing up their salary cap issues.

The #Saints & Derek Carr agreed on a 4-yr deal for $150M with $100M in total guarantees, per me & @MikeGarafolo. He gets $70M effectively fully guaranteed ($60M at signing, another $10M in Year 3 vesting after Year 1). Carr structures his deal to accommodate Saints’ cap issues. pic.twitter.com/vs6qaBh7rg

— Ian Rapoport (@RapSheet) March 6, 2023

Unsurprisingly, this move makes the Saints the biggest favorite to run away with the lesser NFC South Division, perhaps the worst in the league entering next season.

Notably, most people expected Carr to end up in the Big Apple and sign with the New York Jets, with analysts reporting that he was leaning towards playing for Robert Saleh.

However, playing in the NFC South seems way more appealing than having to face the Buffalo Bills, Miami Dolphins, and New England Patriots all twice a year for the next four seasons.

Carr will be a major upgrade over both Andy Dalton and Jameis Winston, so there will be no more room for excuses for Dennis Allen’s offensive miscues.

It’s an exciting time in the Big Easy, and the division is theirs to lose right now.

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