2023-03-06 08:00:00
The New Orleans Saints signed quarterback Derek Carr on Monday to a four-year, $150 million deal that will give him a guaranteed $100 million, NFL Network’s Ian Rapoport reported.
Carr will receive $70 million immediately and $60 million once the contract is officially signed. The quarterback will restructure his deal to give the Saints cap space and the remaining $10 million will be paid on a bonus basis.
The native of Fresno, California, had 3,522 yards, 24 touchdowns and 14 interceptions last season with the Raiders, in addition to completing 60.8%. Despite being in negotiations between the New York Jets and Carolina Panthers, the former Las Vegas quarterback decided to go to the Saints to be the starter for the position and whoever takes over from the legend Drew Brees.
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 following Year 1). Carr structures his deal to accommodate Saints’ cap issues. pic.twitter.com/vs6qaBh7rg
— Ian Rapoport (@RapSheet) March 6, 2023
Carr has gone to four Pro Bowls and in five NFL seasons he has recorded 35,222 yards, 217 touchdowns and 99 interceptions.
The quarterback had signed a contract with the Raiders for 3 years and 121.5 million dollars, which assured him 65.2 million dollars and was going to give him an average annual salary of 40.5 million dollars.
The Saints missed the playoffs for the second year in a row last season, so they’re hoping Carr will be the quarterback to lead them back to success.
1688195468
#details #Derek #Carrs #contract #Orleans #Saints #million
