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How much do we still owe Carr? Is it possible to cut him next year?
Posted on 3/8/25 at 11:47 am
Posted on 3/8/25 at 11:47 am
4 year $150 million. $37.5M/year. $100M guaranteed. In 2 years Mickey has only paid him $20M. So we still owe $130 million in the next two seasons. If we cut tomorrow we owe him $80M which obviously isn’t possible considering Mickey still has to make $40 million disappear by Wednesday 
So let’s assume we pay him $50M next year and cut him after the season.
We will have paid him $70M and owe him another $43M for his first 3 seasons. (3*37.5= 113 - 70 = 43) So that would be a $43 million dead money hit on the 26’ cap?
Is my math mathin?
So let’s assume we pay him $50M next year and cut him after the season.
We will have paid him $70M and owe him another $43M for his first 3 seasons. (3*37.5= 113 - 70 = 43) So that would be a $43 million dead money hit on the 26’ cap?
Is my math mathin?
10
Posted on 3/8/25 at 12:01 pm to High Life
Idk the answer to how much he’s owed right off hand but I think cap hit would be 30 mill or so this year and 20 mill or so if cut next year. So Instead of absorbing the whole 50 at once, they can split the hit and cut him for 2026
Posted on 3/8/25 at 12:16 pm to High Life
I think the best time to cut him would be summer 2026
Assuming there’s no trade takers between now and then
Assuming there’s no trade takers between now and then
Posted on 3/8/25 at 12:50 pm to High Life
It would be extremely helpful and smart business wise for both parties if they did a Shohei Ohtani deal. Carr already has plenty of money, why not spread it out over several years so that gives the Saints cap relief and Carr would be getting checks from the Saints for a few years after he’s gone.
Posted on 3/8/25 at 1:22 pm to LSUPilot07
Once a player is gone from your team, the most the money can be spread is over 2 years (if a June 1st cut). All future guarantees accelerate to the next year, while the current guarantees stay on the current year.
If not a June 1st cut then all guarantees accelerate to the current year.
For a player that has dummy years, I believe it works like a non June 1st cut, so all guarantees accelerate to the current year once they are gone (I'll have to double check if you are allowed to designate them though, but the extra money wouldn't be saved until post June 1st anyway, so wouldn't help get you under the cap prior to FA).
If not a June 1st cut then all guarantees accelerate to the current year.
For a player that has dummy years, I believe it works like a non June 1st cut, so all guarantees accelerate to the current year once they are gone (I'll have to double check if you are allowed to designate them though, but the extra money wouldn't be saved until post June 1st anyway, so wouldn't help get you under the cap prior to FA).
This post was edited on 3/8/25 at 1:24 pm
Posted on 3/8/25 at 1:39 pm to High Life
2025 non active dead money
Marston Lattimore 31,661,832
Michael Thomas. 9,187,177
Jamie's Winston. 7,361,000
Jamal Williams. 2,340,000
50,772,346
Your GM doing the work!
Marston Lattimore 31,661,832
Michael Thomas. 9,187,177
Jamie's Winston. 7,361,000
Jamal Williams. 2,340,000
50,772,346
Your GM doing the work!
Posted on 3/8/25 at 1:53 pm to High Life
What if he throws for 6k yards and 60tds would you still want to get rid of him ?
Posted on 3/8/25 at 1:58 pm to LSUPilot07
Two different sports leagues, chief.
Posted on 3/8/25 at 2:34 pm to High Life
quote:
Is it possible to cut him next year?
Depends on what Loomis does with him before 3/12. If he gets a restructure, it could put a lot of strain on the 2026 cap to cut him. If he leaves his contract alone, you can all but guarantee he'll be gone before next season (say all but guarantee, because they should have traded Latt before last season and would have saved $18M on the cap)
quote:
In 2 years Mickey has only paid him $20M
That was his cap hit, they paid him about $60M but most was in bonuses and why his dead cap will be so high
quote:
Is my math mathin?
If Loomis can get under the cap without touching his contract, his dead cap money for 2026 will be just under $29M.
If he restructures him, without giving extra guaranteed future salary, I suspect his dead cap hit will be about $51M. The $29M from prorated bonuses already on the books, plus 80% of $28M that I suspect will be converted into a bonus on the morning of 3/12 (I think Loomis turns his $30M salary into a $2M salary and a $28M bonus spread over 5 years)
Posted on 3/8/25 at 2:52 pm to Weekend Warrior79
i get Carr isn't the answer, but its the other contracts we have to deal with that are hurting us.
like born 2 boogy said.
like born 2 boogy said.
Posted on 3/8/25 at 3:45 pm to UptownnMike
quote:
Idk the answer to how much he’s owed right off hand but I think cap hit would be 30 mill or so this year and 20 mill or so if cut next year.
I think you’re way off. So far I believe we’ve only payed him $20M total. He’s owed $130M more in the next two years. Someone correct me if I’m wrong
Posted on 3/8/25 at 4:18 pm to High Life
lol that is not correct. The only number that matters is guaranteed money. He basically signed a 4 year 100 mill contract. They owe him appx 80 mill dollars. This can change if they continue to keep him on the roster but these players aren’t getting every dollar you hear reported.
Posted on 3/8/25 at 4:32 pm to RawDog7984
Going off memory, it was always a 3 year 100 million dollar deal. He would have had to play at an elite level for us to pay that 4th year.
We could get out after the 2nd year but our cap is in such bad shape, it would be hard to fit the accelerated charges.
We could get out after the 2nd year but our cap is in such bad shape, it would be hard to fit the accelerated charges.
This post was edited on 3/8/25 at 4:34 pm
Posted on 3/8/25 at 5:12 pm to High Life
His cap hit will be $69M next year
Posted on 3/8/25 at 5:14 pm to WicKed WayZ
quote:
His cap hit will be $69M next year
It won’t be
Posted on 3/8/25 at 5:21 pm to RawDog7984
quote:
lol that is not correct. The only number that matters is guaranteed money. He basically signed a 4 year 100 mill contract. They owe him appx 80 mill dollars
Please link your source or explain in detail what you mean or I will think your full of shite. It’s always been 4yr $150M. $100M guaranteed. Guaranteed money is not all that matters lol. They owe him at least $92.5M, $80M if he’s cut before Wednesday. $130M if Loomis hangs on to him for the entire contract.
Posted on 3/8/25 at 5:28 pm to High Life
The amount we actually have to pay him is largely irrelevant. It is only the cap impacts that matter.
Now that he is restructured here is how it is:
2025 Cap hit - $20.46M (we saved $30.1M)
2026 Cap hit - $69.2M (was $61.5M before)
If the Saints cut him next offseason, the cap would immediately be:
2026 Cap - $59.67M (we save around $9.5m)
Likely in this case, we would instead opt to use a post June 1 cut to spread it out. In that case, the cap hit would stay at the $59.67M number until June 2. At that point it would drop to $19.2M, netting us an additional $40.2M of space on the 2026 cap. Seeing as it's unlikely they would need that during 2026 that late in the offseason, they'd likely choose to roll some of that over to 2027. Then in 2027 he would have about $40M in dead cap for Carr's contract.
If they opt not to use the Post June 1 cut, the cap hit stays at $59.67M for 2026 but we have him completely off the books for '27.
Overall, the worst part of this restructure is that we have to watch Carr for another season, but this sets us up to get off him next offseason where we also have more cap breathing room
Now that he is restructured here is how it is:
2025 Cap hit - $20.46M (we saved $30.1M)
2026 Cap hit - $69.2M (was $61.5M before)
If the Saints cut him next offseason, the cap would immediately be:
2026 Cap - $59.67M (we save around $9.5m)
Likely in this case, we would instead opt to use a post June 1 cut to spread it out. In that case, the cap hit would stay at the $59.67M number until June 2. At that point it would drop to $19.2M, netting us an additional $40.2M of space on the 2026 cap. Seeing as it's unlikely they would need that during 2026 that late in the offseason, they'd likely choose to roll some of that over to 2027. Then in 2027 he would have about $40M in dead cap for Carr's contract.
If they opt not to use the Post June 1 cut, the cap hit stays at $59.67M for 2026 but we have him completely off the books for '27.
Overall, the worst part of this restructure is that we have to watch Carr for another season, but this sets us up to get off him next offseason where we also have more cap breathing room
This post was edited on 3/8/25 at 5:38 pm
Posted on 3/8/25 at 5:31 pm to High Life
Nobody here cares if you think they’re full of shite. The fact that you don’t understand that guaranteed money is the only thing that matters then i don’t know what to tell you.
Posted on 3/8/25 at 5:35 pm to Rand AlThor
quote:
Rand AlThor
Thank you for posting actual well thought out factual info.
Posted on 3/8/25 at 5:49 pm to burke985
Go back to Madden world, junior.
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