Carr and the Saints and reached an agreement with his retirement where he forfeits the $30 million that was originally his base salary while keeping the $10 million roster bonus. The Saints are waiving the rights to the $17.1 million from the $28.5 million signing bonus Carr received in 2023 that was subject to recoupment because he is retiring.

Derek Carr is retiring from the NFL, which means the Tyler Shough era in New Orleans is coming sooner than expected.

Drew Brees is eager to see a young QB like Tyler Shough start for the Saints, but he advocates for signing an experienced pro to mentor the young gun.