The Las Vegas Raiders granted Derek Carr permission to visit with the New Orleans Saints on Tuesday. Carr’s visit takes place on Wednesday.
It is Carr’s first meeting with a team ahead of the Raiders’ Feb. 15 trigger date on his contract, by which $40.4 million of his salary becomes guaranteed. The Raiders, or a new team, will have to pay those guarantees, meaning Las Vegas will likely choose to cut Carr if no trade partner emerges by the deadline.
Mike Florio of ProFootballTalk believes that’s the more likely outcome, citing a source with knowledge of the situation. Cutting Carr frees up $29.3 million in cap room, though the Raiders will take on a $5.6 million salary-cap hit. If they trade him, the same applies but they would get draft picks in return.
“If Carr is on the roster as of 4:00 p.m. ET next Tuesday, February 14, he’ll definitely be on the roster as of Wednesday, February 15 — and he’ll therefore absolutely have $40.4 million in guaranteed salary vest,” Florio said. “There simply isn’t enough time for everything to come together, especially with Carr knowing he’ll have a full month before the free-agency market opens to explore options if/when he’s cut.”
The Saints have the 29th pick in the 2023 NFL Draft from the Sean Payton trade. They also have the 40th and 71st pick.
“Any team that would be willing to give the Raiders draft-pick compensation and to commit to $40.4 million in cash obligations to Carr would presumably be willing to pay Carr even more if they can get him without sacrificing a draft pick or two,” Florio wrote.
All eyes around the NFL will be on Carr for the next week until he’s either traded or released.
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Publish Date:2023-02-09 01:45:11