The Saints have offered a restructured contract to quarterback Jameis Winston.
Winston, who has a year left on the two-year contract he signed in 2022, has until Wednesday to accept the offer or he will be released.
The Saints agreed to a four-year contract with former Las Vegas Raiders quarterback Derek Carr on Monday, which means Winston will no longer be in competition for a starting role. Sources had told ESPN that Carr’s deal could be worth up to $150 million and includes up to $100 million in guarantees.
Winston’s contract is currently $15.2 million over the 2023 salary cap.