NEW ORLEANS - The New Orleans Saints are moving forward with former Raiders quarterback Derek Carr in the first of many free agent quarterback acquisitions. 

BREAKING: Saints signing QB Derek Carr to 4-year deal. (via @MikeGarafolo, @RapSheet) pic.twitter.com/40y5LWBFz8

— NFL (@NFL) March 6, 2023

The Saints and Carr agreed to a four-year deal for $150 million dollars with $100 million in guaranteed money.  Ian Rapaport and Mike Garafolo are reporting that $60 million of that will be fully guaranteed in a signing bonus with another ten million dollars guaranteed coming at the end of the first season.

Who dat ?? pic.twitter.com/DIY8gBGuGu

— Derek Carr (@derekcarrqb) March 6, 2023

The Saints look to bolster their signal-caller position, one that has flipped back and forth since the departure of Drew Brees a couple of years ago. 

“We are excited to welcome Derek Carr to the New Orleans Saints,” said Saints general manager Mickey Loomis. “Derek’s experience, leadership and skillset will be an asset to our offense.”

Carr is a former Raiders quarterback from Fresno, California. He has played with the Raiders since 2014. 

“I had the opportunity to work with Derek at the start of his professional football career,” said Saints Head Coach Dennis Allen. “In addition to his talent, I admired his approach to the game, work ethic and commitment to get better every day in what were the formative stages of his career. From afar and when we played him as an opponent, I saw Derek’s development into one of the most productive quarterbacks in the National Football League. Derek is an outstanding addition to the New Orleans Saints and I can’t wait to get working with him and the rest of our team this offseason.”

The Saints finished 7-10 last season after struggling to find the replacement for Drew Brees who departed the team two seasons ago.

Carr, who is 31 years old, also looked at the New York Jets and the Carolina Panthers after the nine-year veteran was released by the Raiders.

Originally selected in the second round (36^th overall) of the 2014 NFL Draft by the Oakland Raiders out of Fresno State, Carr, 6-3, 210, spent his first nine seasons with the Raiders. The Bakersfield, Calif. native has started all 142 career regular season games he’s played in, completing 3,201-of-4,958 passes (64.6 percent) for 35,222 yards with 217 touchdown passes, 99 interceptions and a 91.8 passer rating, while adding 845 rushing yards and six touchdowns.