Saints quarterback Jameis Winston ‘has until next Wednesday to accept a PAYCUT or face release’ after New Orleans signed starter Derek Carr
The New Orleans Saints have reportedly asked quarterback Jameis Winston to accept a reconstructed deal after the arrival of Derek Carr.
Winston has one year remaining on the two-year deal he signed in 2022 but the Saints need to shift some his wages for the sake of their salary cap.
New Orleans has therefore requested he reduces his wages, which he has until the start of the new league year on Wednesday to accept or he will be cut, according to ESPN.
The move comes after the Saints signed former Las Vegas quarterback Carr to a four-year contract Monday, meaning Winston will no longer be in competition for a starting role.
Carr’s deal reportedly could be worth up to $150million and includes up to $100m in guarantees.
The New Orleans Saints have asked QB Jameis Winston to accept a reconstructed deal
The move comes after the Saints signed ex-Las Vegas QB Derek Carr to a four-year contract
Meanwhile, Winston’s contract currently counts $15.2m against the 2023 salary cap for the Saints.
But the organization can adjust the cap hit by lowering Winston’s $12.8m base salary and paying him in line with other backups.
The Saints can also save money by releasing Winston and would save $4.4m against the cap with a standard release.
Alternatively, they could opt to designate him as a post-June 1 cut, seeing them save $12.8m. Winston would become a free agent upon release but the Saints would not get the cap space until June.
Winston was the No. 1 pick by the Tampa By Buccaneers in 2015 and joined the Saints in 2020.
He initially started out as a backup to Drew Brees that season before competing with Taysom Hill for the starting spot following Brees’ retirement in 2021.
Despite beating Hill out for the job before the 2021 season, he tore an ACL just seven games in and pent the rest of the year rehabbing.
He signed a new deal with the franchise just last March after New Orleans failed in its attempts to acquire Deshaun Watson.
Andy Dalton was supposed to be a backup to Winston last season but started 14 games
Andy Dalton also signed a new one-year, $3m deal with the Saints last year. He was supposed to be a backup but he ultimately started 14 games after back and foot injuries at the beginning of the season derailed the idea of Winston as starter.
Saints coach Dennis Allen sat Winston for their Week 4 game against the Minnesota Vikings in London, with the idea to rest his injuries, but he never managed to win his job back.
‘I lost my job due to injury, and the policy has always been you don’t lose your job due to injury. And that’s what happened,’ Winston said in November.
He has a 34-46 record as an NFL starter and has completed 61.3 percent of his passes for 21,840 yards, 139 touchdowns and 96 interceptions. If he is released, he will be looking for his third team of his NFL career.
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