In a Saturday morning announcement that might have come as a surprise to some, New Orleans Saints starting quarterback Derek Carr announced he’ll be retiring from the NFL. Those paying attention through offseason news were aware that Carr was dealing with a shoulder injury that was rumored to threated his 2025 season. Instead, the 11-year veteran with 170 total games under his belt decided it was time to hang them up.

His retirement naturally has implications both on the field and in the front office. We’ll take a moment now to reflect on his career, his injury, his retirement, and what that means for the New Orleans Saints. The biggest impact, naturally, will be 2025 rookie Tyler Shough potentially getting to start at quarterback for the New Orleans Saints after his seven-year journey through college football, taking full advantage of the transfer portal. That certainly moves the needle, especially for fantasy football. 

 

 

Derek Carr Career Stats and Earnings

There will be mixed reviews of Carr’s career, depending how you look at it. Playing in the NFL for a decade is no easy feet and Carr held down a starting job for 170 games. If you look at the last 20 years of NFL football, his 41,245 passing yards are the 14th-most over that span and his 257 touchdowns would also rank 14th.

In terms of winning, he only made it to one playoff game in his 11 seasons, which he lost 26=19 to the Cincinnati Bengals with the Las Vegas Raiders. It’s not easy to win in the NFL, especially when you spend the majority of your career with one organization, but he leaves behind a record of 77-92 in the regular season with that 0-1 playoff record.

One thing no one will disagree on is that Carr made himself a fair chunk of money in his career. Per Spotrac, he earned just shy of $200 million with a career earnings of $195,666,395. Whether or not Carr decides to pursue NFL analysis or other endeavors following his retirement is entirely up to him.

 

 

Derek Carr Injury

This offseason news had slowly leaked about Carr dealing with a fairly seriously shoulder injury. At first, the rumors suggested he could miss some of 2025 and then it became all of 2025. The shoulder injury that inevitably forced him to retire turns out to be a labral tear and degenerative rotator cuff damage to his throwing shoulder. That certainly does not sound like something pleasant for a guy who’s job is throwing things for a living.  

 

 

Derek Carr Salary Cap Implications

Based on details released by Saints beat writer Nick Underhill, Carr’s decision to retire will honestly be a friendly one monetarily for all involved. Carr made a $10 million bonus by being on the roster through his March roster bonus - which he will be allowed to keep. His $30 million cash he was due for this year, however, will revert back to the Saints. That will help with the cap.

What will further help the cap is that the sides have mutually agreed to file his retirement after the June 1 deadline. This deadline is important because, had his retirement been official before that, his cap hit would all count towards 2025. Because it will be filed after, his ~$20M cap hit can be spread over 2025 and 2026. 

 

 

New Orleans Saints Quarterback Depth Chart

With Carr gone, the top of the Saints depth chart is wide open. He actually missed time last year with this injury as well and we saw both of the backups play. Spencer Rattler was a 2024 fifth-round pick out of the University of South Carolina while Jake Haener was a foutth-round pick out of Fresno State. Neither really lit the world on fire given their opportunity, but the Saints team as a while was missing key pieces.

What we are most likely to see, however, is their second-round rookie pick from the recent 2025 NFL Draft get a chance. They selected quarterback Tyler Shough who, as we mentioned in the intro, took the long road to the NFL with three years at Oregon, three years at Texas Tech, and one year at Louisville. The Saints didn’t select him at ninth overall, but they did circle back to take him in the second - and he should get a chance sooner rather than later. 

 

 

New Orleans Saints Fantasy Football Implications

Typically, we’d say the surprise retirement of a team’s starting quarterback is a nightmare for fantasy football. It certainly was for Andrew Luck. And the fantasy assets on teams like the Giants and Steelers certainly suffered when Eli Manning and Ben Roethlisburger retired. But the injury was clearly affecting Carr for most of 2024 as he only had one game where he threw for over 250 yards. In 2023, he threw for over 300 yards on six different occasions.

This QB change really brings uncertainty to the table more than anything. The floor with young quarterbacks is always the same - that they will be terrible. But the ceiling for a young playcaller at this stage is higher than Carr with a bum shoulder. Shough is also 26 years old with a lot of experience in big games so it’s not like they’d be throwing a 21 year old into the fire here. Granted, those games were played in college.

The big cause for concern for guys like Chris Olave, Rashid Shaheed, Alvin Kamara, Juwan Johnson etc. is that they don’t have that veteran to fall back on as of now. If Anthony Richardson isn’t gett he job done with the Indianapolis Colts, for instance, they can lean on Daniel Jones. Fellow rookie Jaxson Dart is in a room with Russell Wilson and Jameis Winston. If Shough isn’t getting it done, it could be a long and lost season for the Saints with guys like Rattler and Haener rotating in.