How Derek Carr signing impacts Saints’ Super Bowl odds

A few weeks ago, it felt like a foregone conclusion that Derek Carr would sign with the Saints after being cut by the Raiders in mid-February.
On Monday, it became a reality.
New Orleans signed its new starter to a four-year deal, according to multiple reports, after a weeks-long courtship that saw the former Raiders quarterback traded to the Saints, Panthers and Jets before the start of NFL free agency next week. was added to.
Finally, the longtime Raider found a new home in the Big Easy — though that hardly moved the needle in the Super Bowl market, with oddsmakers leaving the Saints’ odds unchanged after Monday’s news.
2023-24 Super Bowl odds after Derek Carr signing
(via BetMGM)
the team | odds |
---|---|
Kansas City Chiefs | +500 |
Buffalo bills | +850 |
San Francisco 49ers | +850 |
Cincinnati Bengals | +900 |
Philadelphia Eagles | +900 |
Baltimore Ravens | +1800 |
Dallas Cowboys | +1800 |
Los Angeles Chargers | +2000 |
Detroit Lions | +2500 |
Jacksonville Jaguars | +2500 |
New York Jets | +2500 |
Los Angeles Rams | +3000 |
Miami Dolphins | +3500 |
Denver Broncos | +3500 |
Green Bay Packers | +4000 |
Cleveland Browns | +4000 |
Las Vegas Raiders | +4000 |
New Orleans Saints | +4000 |
New York Giants | +4000 |
Chicago Bears | +5000 |
New England Patriots | +6000 |
Pittsburgh Steelers | +6000 |
Carolina Panthers | +6600 |
Seattle Seahawks | +6600 |
Washington Commander | +6600 |
Atlanta Falcons | +8000 |
Tampa Bay Buccaneers | +8000 |
Tennessee Titans | +8000 |
Arizona Cardinals | +15000 |
Indianapolis Colts | +15000 |
Houston Texans | +20000 |
Shortly after opening in February, New Orleans has become 40/1 to win it all, largely because of the persistent smoke surrounding a potential Carr coup.
Now it’s official: The four-time Pro Bowler reunites with head coach Dennis Allen, who coached the Raiders when they drafted Carr in the second round of the 2014 NFL Draft.
The Jets odds were similarly unchanged at 25/1 despite Carr being one of the top quarterback targets for the team prior to this offseason.
The top option remains four-time MVP Aaron Rodgers, and the team still wasn’t ready to meet Carr’s deadline with the Packers star on the table. Albert Brier of Sports Illustrated.
The biggest loser from Monday’s news is Carolina, at least according to the oddsmakers.
The Panthers were trading around 50/1 at most books entering the week but could be as much as 66/1 at BetMGM, with their perceived top free-agent target off the board.
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This makes it all the more likely that Frank Reich and co. Trade up from the ninth pick in next month’s draft to secure one of the top quarterback prospects — even if it means a move to No. 1.
As of Monday, Carr is the only quarterback in the NFC South with more than four starts — aside from his teammate, Jameis Winston, who is likely a cap casualty for New Orleans to free up room for their new starter.