The first domino to drop in the wild NFL free agency that awaits has reportedly fallen, as news has broken that Derek Carr signed with the New Orleans Saints after leaving the Las Vegas Raiders.
Originally drafted in 2014 out of Fresno State, Carr has amassed over 35,000 yards, 217 touchdowns and 3,201 completions in his time in the NFL.
Carr was originally +1100 to sign with the Saints, while the Panthers and Buccaneers were considered favorites by oddsmakers.
The New Orleans Saints are signing QB Derek Carr to a 4-year deal, per @RapSheet
He was +1100 to sign with the Saints ✅ pic.twitter.com/afPd85vTka
— Action Network (@ActionNetworkHQ) March 6, 2023
The next steps in the market include sorting out the landing spots for quarterbacks such as Aaron Rodgers, Lamar Jackson and Daniel Jones. While some of them may return to their former teams, it's more than likely that at least one will find a new home.
New Orleans' Super Bowl odds shifted following the news, as the Saints moved from a consensus price of around +5000 down to +3500 at FanDuel.
While the Saints aren't projected to be one of the top contenders in the race for the Super Bowl, the addition of Carr does indicate they're looking to make a push for the title.
As it stands, the Chiefs are favored to repeat as Super Bowl champions at a +600 price, while the Bills (+850), Eagles (+900), Bengals (+900) and 49ers (+900) trail closely behind.
As the rest of the pieces continue to fall into place throughout the free agency process, these numbers are sure to move.
For now, we have the first piece to the big free agency puzzle.