NY Jets trade 2023 third-round pick for Derek Carr
ESPN's Jeremy Fowler reported on Tuesday night that the Raiders are looking for a "modest" trade package for Carr. They're not looking for a first-round pick nor will they likely even be able to get a second-round pick.
Instead, Fowler insisted that at least one NFL source believes a third-round pick will be enough to get it done. That's the baseline trade offer we're going to be working with.
Now, there are some contingencies with a Carr trade. Fowler also reported that inquiring teams have expressed a desire to agree to a reworked deal with Carr. Essentially, they don't want to take on his current contract.
Carr is set to carry cap hits of $33 million, $42 million, and $41.3 million in 2023, 2024, and 2025 if the team trading for him retains his current deal. Those are large cap hits, especially in 2024 and 2025.
Fowler also stated that, although teams want a reworked deal, the assumption is that Carr wouldn't agree to those terms. He knows what his value might be on the open market if a bidding war ensues.
After all, quarterbacks of Carr's caliber, still relatively in the prime of their careers, don't hit the open market very often. That right there is why a trade remains unlikely, despite the Saints' interest.
Still, if Carr is willing to play ball and renegotiate his current contract, or if another team is willing to take on his hefty cap hits, a third-round pick is a fair starting point that should get a deal done.