- Todd Archer confirms that Carr has accepted a pay reduction, and adds that this move frees up $3.6 million in cap space for the Cowboys.
Previous reports mentioned that Dallas wanted Carr to take a pay cut and agree to reduce his $9.1 million salary for the 2016 season, so this shouldn’t come as a big surprise.
According to Breer, Carr’s 2016 base salary is now expected to be under $6 million following the pay reduction.
Keeping Carr at a reduced rate was likely their best option at this point in free agency. However, had they released him outright, Dallas would have ran the risk of losing Carr to another team who may have been willing to pay him around $5-6 million.
Carr, 29, was in the fourth year of his five-year, $50.1 million contract that included $25.5 million guaranteed. He was set to make a base salary of $9.1 million for the 2016 season and another $10 million in 2017.
In 2015, Carr appeared in all 16 games for the Cowboys and recorded 76 tackles, a fumble recovery and six pass defenses. Pro Football Focus has him rated as the No. 73 cornerback out of 111 qualifying players.