New Orleans Saints general manager Mickey Loomis sees 11-year veteran quarterback Derek Carr as “a guy we can win with, and we’re excited about it.” Loomis made those comments on Wednesday to a small group of New Orleans-based reporters who traveled to Indianapolis for the NFL scouting combine.

Underhill noted there are still some contractual matters to resolve between the two sides. Carr is under contract through the 2026 season and is due to carry a cap hit of $51.4 million in 2025 and $61.4 million in '26. The Saints are in the worst financial position in the league, with an effective cap space of -$52.7 million, per Over the Cap.

The Saints appear committed to retaining quarterback Derek Carr in 2025, with a contract restructure likely in the works.