Carr, who will get all his $40M owed in 2025, is reportedly converting most of his salary into a signing bonus

The Saints indicated at the NFL combine that they planned to stick with Carr as their quarterback, and now have backed up that decision by converting his contract. #Saints starting QB Derek Carr, after numerous talks with the team about his 2025 compensation,

Last season with the Saints, which was his second, Carr played in 10 games where he missed some time due to a hand injury as he threw for 2,145 yards to go along with 15 touchdowns and five interceptions. New Orleans finished with a 5-12 record, which put them at the bottom of the NFC South standings.