Derek Carr

Mutual Interest Between Jets, Derek Carr

February 21st, 2023 at 12:50pm CST by Adam La Rose

With the window for franchise tags opening today, the offseason has hit an important milestone in the build-up to free agency. One prominent name is already on the market, of course, and has a central role to play in this offseason’s quarterback market.

Derek Carr met with the Jets over the weekend, marking his second official visit to a potential new team and first as a free agent. Prior to his release from the Raiders, he visited the Saints, the only team which came to an agreement with Vegas on the matter of trade compensation. His New York sit-down produced positive results, and lends itself to further connections between the two.

Carr’s visit with the Jets was “very positive,” ESPN’s Jeff Darlington noted during a Get Up appearance (Twitter link via Heavy.com’s Paul Esden). Adding further to that sentiment, Mike Garafolo of NFL Network tweets that the summit led to “rave reviews” on both sides, and that interest exists between both team and player with respect to a deal materializing at some point. There remains plenty to be determined before Carr lands in his new NFL home, though.

Confirming what many had expected upon his release, Carr’s brother David said on NFL Total Access that the four-time Pro Bowler will be patient and thorough in his free agent visits. “It’s gonna be a long process,” the elder Carr said, via NFL.com’s Grant Gordon. “He wants to do his due diligence and see as many places as he can to get a feel for what the best place for him will be.”

Carr has the advantage of being able to sign at any time, as opposed to other pending free agents only being eligible to do after the new league year begins in March. He will likely have plenty of suitors, considering the interest reportedly shown by not only the Saints and Jets, but also the Commanders, Titans and Panthers once it became clear that Carr’s tenure with the Raiders was coming to an end. As arguably the top quarterback soon to be on the move — depending on what the future holds for top Jets target Aaron Rodgers –– Carr would be well-suited to weigh all his options before signing anywhere.

The Jets are still waiting on Rodgers, post-darkness, to inform the Packers of his plans, Dianna Russini of ESPN.com tweets, adding the AFC East team would be prepared to speak with Green Bay about its future Hall of Fame quarterback. A weekend report indicated the Packers have soured on Rodgers, opening the door to this third round of offseason trade rumors being the most legitimate.

The manner in which his time in the Silver and Black came to an end (which included him leaving the team upon being benched for the final two weeks of the season) has led some to wonder if Carr could be a poor fit from a personality standpoint. As Connor Hughes of SNY notes, though, the 31-year-old “completely erased” any doubts on that front (video link). With more likely to be known with respect to Rodgers’ intentions soon, it may take a number of weeks before Carr arrives at a decision. Nevertheless, signs continue to point to the Big Apple as a logical landing spot for him.

Jets To Meet With QB Derek Carr

February 17th, 2023 at 10:13pm CST by Sam Robinson

Derek Carr already met with the Saints, after the Raiders granted permission, but the Jets will be his first free agent visit. Carr is set to meet with the Jets this weekend, Mike Garafolo of NFL.com tweets.

The Jets have been linked to Carr for weeks now, and their potential either/or quandary will not deter them from a meeting. The Jets have been linked to Aaron Rodgers and Carr, and the team has done early work on Jimmy Garoppolo. Carr, however, is available now. With interest from several teams expected, the Jets will face a decision. The meeting will begin Friday night, Albert Breer of SI.com tweets.

The Saints, Commanders, Titans and Panthers are all believed to have some level of interest in Carr. The Saints having established a trade framework with the Raiders displays their level of interest, but Carr may go through multiple meetings before making a decision. Carr, 31, is going into his 10th NFL season; he refused to waive his no-trade clause and forced a release before a $40.4MM guarantee hit the Raiders’ books.

Following Zach Wilson‘s disastrous 2022 season, the Jets have made no secret of a desire to seek a veteran upgrade. Woody Johnson said he would be willing to shell out a veteran contract, while Robert Saleh confirmed the team’s interest in acquiring an experienced arm. The team pursued Kirk Cousins in 2018, but after the Vikings won out, the team drafted Sam Darnold. The Jets have primarily given their QB keys to first- or second-round picks over the past decade and change, going from Mark Sanchez to Geno Smith to — after multiple Ryan Fitzpatrick bridge seasons — Darnold and then Wilson. But the team with the league’s longest active playoff drought has pivoted, aiming to land a passer to complement a vastly improved defense.

With the Raiders only agreeing to let Carr meet with the Saints, it can be assumed no other team was willing to trade anything of note for the nine-year starter. Though, the Jets did reach out to the Raiders on Carr prior to his release, Albert Breer of SI.com tweets. The Jets reside in the middle of the pack in terms of cap space, sitting less than a million over the cap as of Friday afternoon. If the Saints are their primary competition, that is an important number to note. The Saints’ annual February cap crisis has produced a $55MM-over figure.

QBR still slotted Carr 14th — a slight drop from his recent years’ work — last season, but his completion percentage and yards per attempt dropped noticeably under Josh McDaniels in 2022. Carr completed 60.8% of his throws (down from 68.4 in 2021) on 7.0 per pass (down from 7.7 in 2021 and 7.9 figures in 2019 and ’20), though he spent chunks of the season without Darren Waller and Hunter Renfrow. Davante Adams‘ arrival produced more big production from the ex-Packer, but the Raiders’ performance led Carr out of town. Given Wilson’s play and Mike White‘s inability to stay healthy, Carr would provide a considerable upgrade. White is also a free agent-to-be.

The Jets hired Nathaniel Hackett as offensive coordinator, adding fuel to the Rodgers speculation. They also hired ex-Raiders OC Todd Downing, who was also Carr’s former QBs coach in Oakland, as their pass-game coordinator. The two remain close. The Jets have reached out to the Packers about Rodgers’ availability; that timing probably connects to Carr’s free agency. The Jets knowing if Rodgers is available will undoubtedly impact their decision with Carr, though the free agent quarterback will obviously make the final decision. Garoppolo would represent a Rodgers fallback option, but Carr has offered a higher ceiling and more reliability compared to the injury-prone 49er.

Garoppolo, also 31, will be available with the rest of the UFAs on March 13, when the legal tampering period begins. Rodgers may not be available for months, considering how much easier it will be for the Packers, cap-wise, if they trade him after June 1.

The Jets acquired Brett Favre well into the summer in 2008, ahead of his age-39 season. As was the case with Favre, the Packers would prefer to move Rodgers to the AFC. Carr is eight years younger than Rodgers, who turned 39 in December. Whomever Gang Green convinces to play quarterback in 2023 will have reigning Offensive Rookie of the Year Garrett Wilson, Elijah Moore and Corey Davis to target. Promising running back Breece Hall is also expected to return from his ACL tear, giving the Jets an intriguing setup — assuming they can make their desired upgrade at quarterback.

Raiders To Release Derek Carr

February 14th, 2023 at 2:40pm CST by Sam Robinson

FEBRUARY 14: The Raiders officially released Carr, Adam Schefter of ESPN.com tweets. Carr will hit the market a month before free agency, allowing him to determine his 2023 plans weeks ahead of his free agent QB peers. The Raiders save $29.3MM in cap space by making this move.

FEBRUARY 13: With the Super Bowl in the rearview mirror, Derek Carr‘s guarantee vesting date is fast approaching. The Raiders do not plan to wait until the deadline. They will release their longtime starting quarterback Tuesday, Ian Rapoport of NFL.com reports (video link).

The Raiders would have until 3pm CT Wednesday to find a Carr trade partner, but the veteran passer has already indicated he will not waive his no-trade clause. That leaves the Raiders with little choice here, given their actions to this point. They will cut Carr to avoid paying the $40.4MM guarantee.

This unique free agency derby will feature a few teams. The Saints, whom Albert Breer of SI.com notes are the only team to send the Raiders a Carr trade offer, will be one. The Jets are believed to view Carr as an Aaron Rodgers backup plan, while Rapoport notes the Panthers, Titans and perhaps others will be in the mix.

Tuesday’s transaction will not only end this unusual divorce and spur a fascinating pursuit — one that will put teams to decisions on going after Carr now or waiting for other options later — but it will also wrap the Raiders’ longest-running partnership with a starting quarterback. Although Ken Stabler was a Raider longer than Carr, the Hall of Famer did not begin his run as a full-time starter until his sixth season (1973). The Raiders needed Carr from the jump, plugging him into the lineup in Week 1 of his rookie season. Carr ended up starting 142 games as a Raider, but the team stopped that streak abruptly with a benching ahead of its Week 17 game last season.

The Raiders, who will only be hit with $5.6MM in dead money by this release, gauged Carr’s fit in Josh McDaniels‘ offense via their three-year extension agreement. But that deal’s escape hatch — the Feb. 15 guarantee vesting date — will trigger Las Vegas’ quarterback search. Carr constantly landed in trade rumors under previous regimes, but the Raiders held onto him through the Jack Del Rio and Jon Gruden‘s stays. The Raiders did not have much luck at quarterback in the years immediately before taking Carr in the 2014 second round, with the Carson Palmer and JaMarcus Russell moves in particular costing the team dearly. But McDaniels and GM Dave Ziegler will replace Carr this year.

Carr, 32 in March, could have been a potential chip at last year’s trade deadline, but The Athletic’s Vic Tafur notes (subscription required) the Raiders were not ready to pull the plug at that point. Even after a 24-0 loss to the Saints, the Raiders hoped Carr and McDaniels would mesh down the stretch. The 2-5 team stayed the course, but late in a season that saw Darren Waller and Hunter Renfrow sidelined for extended stretches, the Silver and Black showed their cards with the benching. Davante Adams has said he remains committed to the Raiders, despite Carr driving him to seek out Vegas as a destination last year.

Carr and his wife trekked to New Orleans for a Raiders-approved visit — the only meeting the team permitted — and the summit lasted two days. Carr wanted to meet with every interested team, per Tafur, but the Raiders worried the 10th-year veteran would use those summits to work out a free agency agreement. Now, instead of Carr following the Matthew Stafford or Alex Smith winter trade paths, he will be a free agent. Connections to a host of teams are sure to follow.

The Raiders wanted a third-round pick. It is unclear if the Saints offered that, but they will have a chance to woo Carr on the market. New Orleans would need to backload a Carr contract, being nearly $60MM over the cap. While February cap gymnastics are old hat for GM Mickey Loomis, the Saints appear set to enter a competitive chase for a free agent quarterback for the first time since they signed Drew Brees in 2006. New Orleans, which waded deep into the Deshaun Watson trade sweepstakes last year, is unlikely to retain Jameis Winston and has not been aggressive in attempting to re-sign Andy Dalton. Carr appears the target, though he will be for other teams as well.

The Jets’ recent inquiry about Rodgers’ availability makes sense, with Carr about to hit the market. New York’s might be the most intriguing decision: go after Carr now or risk striking out on Rodgers. Jimmy Garoppolo also looms as a later potential Rodgers consolation prize — for both the Jets and Raiders — and the Titans’ involvement here points to Ryan Tannehill being available as well.

The Titans have used Tannehill as their primary starter for the past four seasons, and while the team promoted OC Tim Kelly, a Carr chase makes Tannehill’s Tennessee status tenuous. The Titans can save $27MM by designating Tannehill as a post-June 1 cut. A past restructure would make a standard Tannehill release more costly for the AFC South franchise. Even though the Titans kept Tannehill in the loop regarding Kelly’s hire, per Titans.com’s Jim Wyatt, one season remains on his contract.

Carolina has sought a long-term QB answer since cutting Cam Newton in 2020. But the Teddy Bridgewater, Sam Darnold and Baker Mayfield efforts fell short of expectations. Frank Reich went through a few veterans in Indianapolis as well, which would make the Panthers diving back into the veteran market interesting. The Panthers hold the No. 9 overall pick, putting them in play for a quarterback pick or a trade-up maneuver. A Carr acquisition would presumably prevent either. Carolina looks to be a second-tier suitor here, per David Newton of ESPN.com, who notes the Panthers could be interested if the price drops below its expected point (Twitter link).

Latest On Aaron Rodgers’ Timeframe; Jets To Aggressively Pursue Rodgers

February 12th, 2023 at 6:05pm CST by Rory Parks

6:05pm: In a move which comes as no surprise at all given previous reporting on the matter, Fowler tweets that the Jets have indeed “inquired” about Rodgers’ availability. The answer to that question will, of course, be dictated by his decision regarding his intention of playing in 2023, but if a trade becomes possible, the Jets will be the team to watch.

8:10am: For Packers quarterback Aaron Rodgers, all options remain on the table: he may return to the Packers in 2023, he may ask to be traded, or he may retire. The 39-year-old said during his appearance on The Pat McAfee Show this past week that he will contemplate his future during a four-day, four-night “darkness retreat,” which will commence after today’s Super Bowl (via Rob Demovsky of ESPN.com).

Rodgers said he will retreat to a small house in an undisclosed location, and his only contact with the outside world will come when his meals are delivered. While recent reports have suggested that Rodgers will play in 2023 rather than walk away from an eye-popping amount of money, Rodgers told McAfee that retirement is a very real possibility.

“For sure; it’s a real thing, 100 percent,” Rodgers said. “That’s why it’s going to be important to get through this week and to take my isolation retreat and just to be able to contemplate all things my future and then be able to make a decision that I think is best for me moving forward and in the highest interest of my happiness and then move forward.”

The implication here is that Rodgers will alert the Packers of his decision shortly after his retreat, though team president Mark Murphy confirms that there is no deadline at this point (video link via ESPN’s Dianna Russini). Murphy acknowledged that the club would like an answer sooner rather than later, and he expects to have clarity on the matter no later than the opening of free agency on March 15.

Several Packers sources tell Connor Hughes of SNY.tv (video link) that they expect Rodgers to return to Green Bay. However, Hughes and the NFL.com duo of Ian Rapoport and Tom Pelissero report that, no matter what the four-time MVP wants to do, the Packers will accommodate his wishes.

That means, of course, that if Rodgers decides he wants to play for another team — which may actually be Green Bay’s preference — the Packers will work with him to make that happen (though Rodgers would need to first agree to a reworked contract in order to allow a trade to be consummated). While Green Bay reportedly will not deal its franchise icon to an NFC club, there will nonetheless be multiple suitors.

The Jets and Raiders have already been linked to Rodgers in various reports, and ESPN’s Jeremy Fowler says he is “more convinced than ever” that New York will aggressively pursue Rodgers (subscription required). The Jets believe that they are close to contention, and they have locked in on Rodgers as Plan A. Only if a Rodgers pursuit is unsuccessful will the team pivot to Derek Carr, whom Fowler says is Gang Green’s No. 2 choice.

Derek Carr Will Veto Potential Trades; QB Expected To Be Released

February 12th, 2023 at 3:15pm CST by Adam La Rose

As Derek Carr moves another day closer to finding out his future with the Raiders, he has reportedly sent a clear message to his current employer. The quarterback will not accept a trade to the Saints or any other interested team, per Ian Rapoport of NFL Network (Twitter link).

As a result, Rapoport notes, the Raiders will be left with no other option but to release him in the coming days. Carr has over $40MM in guaranteed money set to vest this week, and with Vegas having moved on from him, a trade represented their only way of receiving compensation while relieving themselves of that financial obligation. Carr has a no-trade clause, however, which gave him control of the situation at all times in this process, something which he has clearly used.

The Raiders prevented the 31-year-old from negotiating with potential new teams until trade compensation had been agreed upon. That made it noteworthy when they allowed him to visit the Saints this past week, with a subsequent report indicating the two teams had an agreement in place. Rapoport’s colleague Tom Pelissero tweets that it was Carr’s contract which stood in the way of a deal being finalized to send him to the NFC South.

A report emerged over the weekend that Vegas’ asking price was a third-round pick. The Saints could have easily met that request, given their current allotment of selections in this year’s draft, but they find themselves in dire straights from a financial standpoint. New Orleans is more than $60MM over the cap at the moment, so acquiring Carr via trade would have added considerably to the salary cap gymnastics general manager Mickey Loomis has become known for in recent years.

Carr has a scheduled cap hit of $34.9MM in 2023, and two more years on his existing contract with hits over $43MM. Given the absence of guarantees on the pact (at the moment), however, the Raiders would see more than $29MM in savings by releasing Carr in the immediate future. Designating him as a post-June 1 cut would see that figure grow to $33MM weighed against comparably small dead cap charges.

Of course, this news in no way precludes the Saints from still ultimately landing Carr as a free agent. The four-time Pro Bowler will be free to sign anywhere immediately following his release, as opposed to players who can only negotiate prior to the start of the new league year in mid-March. New Orleans should be in the market for a new signal-caller after the production seen in 2022 from veterans Andy Dalton and Jameis Winston. Carr will certainly have other suitors as well, however.

The former second-rounder had a down year this past season, the first with head coach Josh McDaniels and general manager Dave Ziegler at the helm. Still, he will headline a QB market which may or may not see the likes of Lamar Jackson, Aaron Rodgers, Jimmy Garoppolo, Daniel Jones and Geno Smith be on the move through trades or free agent deals. The Jets are widely understood to be all-in on Rodgers, but they are reportedly prepared to target Carr as a secondary option.

The value of a deal Carr is able to land on the open market will no doubt be linked to the perceived availability of those other passers. Still, with his release imminent, it likely won’t be long until he has found his next NFL home.

Latest On Potential Derek Carr Trade

February 11th, 2023 at 3:55pm CST by Adam La Rose

Tomorrow’s Super Bowl has obviously been the league’s top storyline in recent days, but the future of Derek Carr has generated plenty of interest as well. The Raiders quarterback is close to having more than $40MM in guaranteed money vest, meaning clarity could emerge soon.

Vegas allowed Carr, 31, to visit the Saints this week, having previously prevented him from meeting with teams which had yet to agree on trade compensation. The fact that New Orleans hosted Carr meant that at least the framework of a deal has been agreed upon. More details have emerged on that front.

ESPN’s Jeremy Fowler reports that the Raiders are seeking a third-round pick in exchange for Carr. Such a selection has been seen in plenty of high-profile QB trades in recent years, but Fowler is likely accurate in calling the ask a “modest” one. Of course, Carr has significant leverage in this situation by holding a no-trade clause and thus having the ability to force the Raiders to release him in the coming days and sign with the Saints (or any other potential suitor, of which there would be several) as a free agent.

New Orleans once again holds a first-round pick via the Sean Payton trade, but also the 41st and 72nd overall selections in this year’s draft. The latter would be headed Vegas’ way if previous reporting on terms being agreed upon holds true. The other complicating factor in this situation, though, is of course Carr’s contract and the Saints’ current financial situation.

New Orleans is more than $60MM over the 2023 salary cap ceiling, leaving them with more cost-cutting to do than any other team around the NFL before the new league year begins in mid-March. Carr has a scheduled cap hit of $34.9MM in 2023, and $7MM of his 2024 salary will become guaranteed this week barring a restructure. As Fowler and colleague Dan Graziano note, unsurprisingly, the Saints would be keenly interested in lowering Carr’s financial cost upon acquisition, but that the four-time Pro Bowler has no need (at least at this point) to agree to do so.

Carr would likely provide an upgrade under center to the Saints compared to their 2022 setup of Andy Dalton and Jameis Winston. The Raiders, meanwhile, have made it clear they are prepared to move on to a new era at the position, leaving attention squarely placed on Carr himself as he weighs his options.

Saints Viewed As Derek Carr Frontrunners

February 9th, 2023 at 6:03pm CST by Sam Robinson

6:03pm: Carr concluded his visit, Sean Fazende of FOX 8 tweets. The ball remains in the 31-year-old quarterback’s court. If Carr is willing to waive his no-trade clause, the Raiders and Saints will have the green light to finalize trade terms. If not, free agency looks like the next step here.

5:33pm: Derek Carr remains in New Orleans for a second day of this Raiders-approved visit. After the Carr-Saints meeting wrapped at around 10:30pm Wednesday, Nick Underhill of NewOrleans.football notes (via Twitter) the meeting has continued today.

Dennis Allen and Saints brass went to dinner with Carr on Wednesday night, per NFL.com’s Ian Rapoport, who adds New Orleans is viewed as the frontrunner to land the nine-year veteran (video link). The Raiders and Saints have not agreed completely on terms, but Tom Pelissero of NFL.com tweets the framework of an agreement is in place.

Initially, the Raiders were not prepared to allow Carr to speak with any team that had not agreed on trade terms. By broadening that baseline to suitors who are in the ballpark of Las Vegas’ preferred compensation, a visit came to pass. Carr wields a no-trade clause, giving him the ability to nix a Raiders-Saints agreement and move closer to free agency. No deal is expected to be finalized Thursday, Rapoport adds.

Six days remain until Carr’s $40.4MM guarantee vests. The Raiders will not pay their longtime quarterback that money, which will lead to a trade or release. The Saints, whose Carr interest generated buzz at the Senior Bowl, are almost the de facto frontrunners here. No other team having been granted permission to speak with Carr. Raiders potential concerns about Carr’s agent using talks to gauge free agency interest helped lead to the narrow parameters on a visit. Even though Carr has only spoken with the Saints, other teams have looked into this early free agency sweepstakes.

The Commanders and Jets were mentioned as suitors late last month, and the Jets are examining Carr. The Commanders are taking a somewhat unexpected offseason course, at least compared to how they have proceeded in recent offseasons. Expected to shed $26MM-plus by releasing Carson Wentz, Washington is planning to give Sam Howell a long look as a potential starter. The team is still monitoring veterans, but not to the degree it did in 2022. Commanders connections to just about every potentially available vet sprang up last year, leading to the Wentz swap. Despite Howell being a fifth-round pick and making on appearance as a rookie, he appears to have a decent chance to be Washington’s 2023 starter.

Expected to dive far deeper into the veteran QB pool, the Jets will need to determine if they want to pursue Carr now or wait for the likes of Aaron Rodgers, Jimmy Garoppolo or another potentially available arm after this February Carr chase wraps up. The Raiders have also been connected to Garoppolo and Rodgers, raising the stakes for a Jets team that has been tied to vet QBs for weeks.

New Orleans has Jameis Winston under contract through 2023, but after benching Drew Brees‘ initial successor, the Saints should not be expected to retain him. Not when they are $60MM over the cap. As of mid-January, no Andy Dalton talks had occurred either. While the Saints did obtain a first-round pick from the Broncos in the Sean Payton trade, that pick sits at No. 29 overall. This draft’s top four QBs will likely be gone by that point, and a veteran would seem to complement the Saints’ experienced roster better anyway.

Saints To Meet With Raiders QB Derek Carr; Teams Have Agreed On Compensation

February 7th, 2023 at 6:55pm CST by Sam Robinson

6:55pm: Trade compensation is no longer believed to be an issue between the teams. The sides have agreed to that part of this deal, Vincent Bonsignore of the Las Vegas Review-Journal tweets. The Raiders had prevented Carr from speaking with teams that had not agreed on trade terms. That part of this process being checked off puts the ball in Carr’s court.

5:44pm: The Derek Carr guarantee vests in eight days, and the Raiders will allow their outgoing quarterback to meet with a team ahead of that date. The Saints will host Carr on Wednesday, Ian Rapoport of NFL.com tweets.

Saints-Carr buzz has built for a bit now, but the nine-year Raiders starter holds a no-trade clause. Both Carr and QB-needy teams have been connected to waiting out this trade process and going into free agency. But the Saints are at least exploring a trade.

New Orleans has been looking into Carr for a while now, and Rapoport adds Carr is doing his due diligence on the NFC South team. The Saints do not have any question marks when it comes to their offensive staff, with the team retaining offensive coordinator Pete Carmichael for a 14th season. After Sean Payton‘s 2022 exit, Carmichael stepped back into the play-calling seat — one he occupied during Payton’s 2012 Bountygate ban.

A trade would require the Saints to pick up the $40.4MM guarantee due Feb. 15. While Mickey Loomis has earned justified praise for his cap navigation, this would be a new challenge for the veteran GM. Of course, they were ready to add Deshaun Watson last year. The Saints, per usual, rank at the bottom of the league for cap space; they are more than $60MM over the $224.8MM salary ceiling. Loomis’ abilities here should not be doubted, but Carr’s AAV will be far north of Drew Brees‘ run of deals. The sides can certainly renegotiate, however.

This meeting will bring a reunion as well. Dennis Allen resided as the Raiders’ HC when the team drafted Carr in the 2014 second round. That partnership did not last long, as the Raiders fired Allen early in his second season. But the Raiders rolled with their rookie quarterback to start that season. This familiarity could appeal to Carr, though he also could also nix any trade and take his chances in an early free agency run. Should the Raiders release Carr before the guarantee vests, he would be free to sign at any point as a street free agent. Unrestricted free agents cannot agree to terms with teams until the legal tampering period begins March 13.

Allen and then-GM Reggie McKenzie gave the Raiders the longest-tenured QB1 in franchise history; Carr has missed just three career starts (counting a 2016 wild-card game) due to injury. But the Silver and Black’s new regime signaled a change was coming when it benched Carr ahead of Week 17. Carr left the Raiders at that point. His $40MM-per-year contract runs through 2025, but the Raiders building an escape hatch has become relevant.

The Raiders would be tagged with less than $6MM in dead money by jettisoning Carr, whose completion percentage fell by nearly eight points last season. Carr did complete 68% of his throws during his final year in Jon Gruden‘s offense, helping the Raiders to the 2021 playoffs despite Henry Ruggs‘ release and Darren Waller‘s midseason injury.

Increased buzz about a Saints-Carr union emerged at the Senior Bowl last week. That came after a report indicated the Saints were one of the teams doing homework on Carr. The Commanders and Jets were among that contingent, too, and any team that pursues Carr must also consider this early strike will effectively prevent a pursuit of Jimmy Garoppolo or Aaron Rodgers. If Rodgers is traded, it will almost definitely be to an AFC destination. That opens a Carr-to-NFC door now, and the Saints make sense as a suitor. They have not found a steady option at quarterback since Brees’ 2021 retirement.

After missing out on Watson, Saints re-signed Jameis Winston in March 2022. They gave their initial Brees successor a two-year, $28MM deal. But the team quickly decided to go with Andy Dalton, not giving Winston his job back after he returned from injury. Dalton started New Orleans’ final 14 games and did rank ninth in passer rating. The longtime Cincinnati starter finished 21st in QBR, however. The Saints signed Dalton to a one-year, $3.5MM deal in 2022. Should the team be interested in bringing him back to compete for the starting job, a raise would be in order. No known negotiations have taken place. At 35, Dalton is more than three years older than Carr, who turns 32 in March.

Last week, Carr confirmed reports the Raiders were not allowing him to speak with teams. But a subsequent report clarified the Raiders would allow Carr and his agent to talk with teams — but only suitors who had met the Raiders’ asking price. The Saints being granted permission to speak with Carr points to the parameters of a trade being worked out. Even if that is the case, Carr still holds the keys here. A major QB domino could hinge on Wednesday’s meeting.

Regarding trade capital, the Saints obtained a first-round pick from the Broncos for Payton. But that is not expected to be in play here. After Round 1, New Orleans holds the Nos. 40 and 71 overall picks.

Saints Emerging As Potential Derek Carr Suitor?

February 4th, 2023 at 9:10am CST by Ben Levine

The Raiders have yet to grant Derek Carr permission to speak to other teams about a trade, but one potential suitor may be emerging. ESPN’s Jeremy Fowler writes that a Carr-Saints pairing “was buzzing a bit” this week during the Senior Bowl.

There’s a handful of reasons why the Saints could make sense. For starters, it seems clear that the Saints are seeking some more reliability at the quarterback position heading into next season. The organization has turned to five different starting QBs over the past two years, with 35-year-old Andy Dalton garnering 14 starts for the Saints this past year. Jameis Winston is the only experienced QB under contract heading into the offseason, but the Saints could easily cut him without leaving behind a debilitating dead cap number. The Saints are also rostering QB Jake Luton via a reserve/futures contract.

Further, the Saints now have some extra draft assets thanks to the Sean Payton trade with Denver. New Orleans got an extra first- and second-round pick in the trade, and while it’s unknown what the Raiders are seeking in a Carr trade, the extra selections could make it easier to part with their desired compensation. For what it’s worth, the Raiders slightly pushed back at Carr’s notion that the organization hasn’t allowed him to speak to potential suitors. Rather, the Raiders claim they have granted Carr permission to speak to other teams…but only teams that have shown a willingness to pony up the picks that the Raiders are seeking.

Finally, Saints head coach Dennis Allen has some experience working alongside Carr; Allen was the Raiders’ head coach during the QB’s rookie season in Oakland. Since then, Allen has worked in New Orleans, including a seven-year stint as their defensive coordinator.

The Raiders would owe Carr $40.4MM on Feb. 15, and with a dead-money charge of just $5.6MM due with a release, they can save $29MM-plus by moving on over the next week. As a result, teams are expecting the organization to ultimately release the veteran quarterback. Carr confirmed this week that he won’t restructure his contract to facilitate a trade, and it’s worth noting that his deal also contains a no-trade clause.

QB-Needy Teams Expecting Raiders To Release Derek Carr

February 3rd, 2023 at 4:05pm CST by Sam Robinson

4:05pm: Although Carr said Thursday night the Raiders have not granted he and his agent permission to speak to trade partners, ESPN.com’s Adam Schefter notes (via Twitter) the team has done so — but only for suitors who have agreed to the team’s desired compensation. It is unclear if any team has offered sufficient compensation, but the Raiders are attempting to follow the Texans’ Deshaun Watson path. Vic Tafur of The Athletic points to no conversations having yet occurred (Twitter link).

Houston only let Watson meet with teams that met the trade price; four finalists emerged. The Carr process will unfold much differently. The Raiders will not land anything close to what the Texans did — three first-round picks and change — in the March 2022 sweepstakes, but they will let Carr discuss a fit with franchises that are willing to pay up.

10:54am: From what has become an alternate-heavy Pro Bowl Games in Las Vegas, Derek Carr addressed his unusual situation with the Raiders. The nine-year veteran confirmed he has not been given permission to speak with other teams about a trade.

Rumored to be concerned Carr’s agent will use that permission to negotiate with teams about his client’s potential free agency rather than talking trade fits, the Raiders are attempting to maintain control of this process. But teams look to be willing to wait out Las Vegas here.

As of now, quarterback-needy teams are expecting the Raiders to release Carr, Jeff Howe of The Athletic notes (subscription required). Teams are recognizing the Raiders’ limited leverage here. The team made no secret of wanting to move on, having benched Carr for its final two games in an effort to prevent an injury affecting his contract. The Raiders would owe Carr $40.4MM on Feb. 15, and with a dead-money charge of just $5.6MM due with a release, they can save $29MM-plus by moving on.

Carr confirmed he will not adjust the uniquely structured contract to move the vesting date back, indicating (via ESPN.com’s Stephen Holder) “I don’t think that would be best for me.” The longest-tenured QB1 in Raiders history could be less than two weeks from hitting the open market a month before the rest of this year’s lot of free agent passers. Teams are already doing work on Carr, with the Jets, Saints and Commanders three known suitors.

“That’s for [the Raiders] to talk about,” Carr said when asked about the Raiders’ refusal to permit talks with other teams. “I’m just obeying the rules. If it gets to the date [and I get released], then I’ll be able to talk to all my friends.”

Carr, 31, holds a no-trade clause, further limiting the Las Vegas’ options. Still, second-year Raiders GM Dave Ziegler said during a SiriusXM Radio interview (via NFL.com) he expects teams to begin contacting him on a Carr trade. A few prospective Carr suitors — the Buccaneers, Commanders and Titans — have yet to hire an offensive coordinator, adding another complication to these slow-moving midwinter trade sweepstakes.

Aaron Rodgers‘ status figures to also affect certain teams’ Carr pursuits. With Rodgers a candidate to be traded well after Carr, teams that believe they can acquire the future Hall of Famer may be willing to wait. The Jets come to mind here, but the Packers’ disinterest in sending Rodgers to an NFC team would make that conference’s QB-needy franchises more likely Carr fits. Tom Brady‘s second retirement, which he chose over coming back to the Bucs for a fourth season, would stand to make Tampa Bay an interested party. Ditto Washington, New Orleans and possibly Atlanta. The Commanders attempted to engage the Raiders in Carr trade talks last year, and they are open to adding a veteran yet again.

It appears one of these teams will add a starting quarterback early, following the likes of the Rams in 2021 (Matthew Stafford) or Washington in 2018 (Alex Smith). Will said team end up acquiring Carr in free agency?

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