
In a stunning development, New Orleans Saints quarterback Derek Carr on Saturday announced his retirement from the NFL after 11 seasons. In addition to reshaping the outlook for New Orleans's QB depth chart, Carr's retirement also will have quite an effect on the Saints' salary cap situation.
Carr's retirement gives the Saints roughly $30 million in cash and salary cap relief, according to Mike Garafolo of NFL Network. In exchange, Carr will get to keep the $10 million roster bonus he received in March.