Report: Raiders Sign QB Derek Carr To Multi-Year Extension
SALT LAKE CITY – The Las Vegas Raiders and quarterback Derek Carr agreed to a multi-year contract extension, according to the NFL Network.
Carr’s new deal was first reported by Ian Rapoport on Wednesday, April 13.
The extension is reportedly worth $121.5 million over three years and will keep Carr in Las Vegas through the 2025 season.
The #Raiders traded for Davante Adams and now locked up QB Derek Carr for years to come. Their core parts on offense are here to stay. Huge offseason for GM Dave Ziegler and coach Josh McDaniels. https://t.co/WsX4XvKnEh
— Ian Rapoport (@RapSheet) April 13, 2022
Carr’s new contract will make him the NFL’s fifth-highest paid quarterback and seventh to make more than $40 million per year.
Derek Carr's $40.5 million new-money average on his new three-year extension with the #Raiders puts him 5th among QBs and makes him the 7th member of the $40M+ club, joining Aaron Rodgers, Deshaun Watson, Patrick Mahomes, Josh Allen, Matthew Stafford and Dak Prescott.
— Tom Pelissero (@TomPelissero) April 13, 2022
The Raiders first selected Carr with the No. 36 overall pick in the second round fo the 2014 NFL Draft.
The Fresno State alum has played the first eight seasons of his career with the Raiders organization in Oakland and Las Vegas.
In all, Derek Carr is set to earn $141.3 million over four years, with $100 million of it coming over the next three years. The deal also includes a no-trade clause, source says.
— Mike Garafolo (@MikeGarafolo) April 13, 2022
In his 127 career games, Carr has thrown for 31,700 yards, 193 touchdowns, and 85 interceptions with a 65.0 percent completion rate.
He’s led the Raiders to the postseason two times, including last season.
In 2021, Carr threw for 4,804 yards, 23 touchdowns, and 14 interceptions. Las Vegas finished the season with a 10-7 record and lost to the eventual AFC champion Cincinnati Bengals in the Wild Card round.