ESPN's offseason grades reflect a critical perspective on the New Orleans Saints, who received a low D rating, marking them as having one of the worst offseasons in the NFL. Central to the criticism is the handling of quarterback Derek Carr's contract, wherein the Saints opted to restructure rather than cut him, resulting in a fully guaranteed deal that cost them $30 million. This decision raises concerns about the team's financial strategy, as they are seemingly in the midst of a rebuild despite their intentions to remain competitive in the NFC South by 2025.

The Saints have been known for their cap manipulation, yet the choice to guarantee Carr's salary has drawn skepticism from fans and analysts alike, especially with the team acknowledging a rebuilding phase. ESPN's Seth Walder emphasizes the implications of these financial commitments for the franchise's future.