Per NFL Network's Ian Rapoport, the Saints won't have to pay Carr's $30 million guaranteed salary for the upcoming season and the club won't seek reimbursement for his $10 million roster and signing bonus that was paid in March.

The Saints drafted Tyler Shough out of Louisville in the second round of this year's draft, and they picked Spencer Rattler out of South Carolina last year. The latter made six starts last year after Carr was knocked out for the season with a fractured non-throwing hand.