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How Derek Carr Signing with Saints in NFL Free Agency Impacts QB Carousel

Free agency in the NFL doesn't officially start for another week. But already this year's game of musical chairs at football's most important position has begun—and one chair has been filled.

Per Ian Rapoport of NFL Media, the Saints inked Derek Carr to a four-year, $150 million contract that includes $100 million in total guarantees. The Saints have been courting Carr since before he was released by the Raiders in February, and with the 31-year-old now in the fold, they may well be the preseason favorites in an NFC South with lots of uncertainty under center.