Derek Carr isn’t going anywhere.
The new Las Vegas Raiders‘ brass has given Carr a new contract extension. According to NFL Media, Carr will make a total of $141.3 million over the next four years. He gets $100 million in next three years. Carr, 31, also has a no-trade clause in the new contract.
The #Raiders and star QB Derek Carr have agreed to terms on a 3-year contract extension worth $121.5M, source said. The agreement ties Carr to Las Vegas through the 2025 season. He is already the longest tenured QB in the AFC.— Ian Rapoport (@RapSheet) April 13, 2022
This huge new deal ends months (and really, years) of speculation about Carr’s future. Carr, who has been the Raiders’ starting quarterback since being drafted out of Fresno State in 2014, has been the subject of endless speculation.
UPDATE: Here are the contract breakdown:
A couple other things here ...— Albert Breer (@AlbertBreer) April 13, 2022
• The no-trade clause was key (allowing Carr to dictate his next location, if he's eventually traded).
• His full injury guarantee is $65.5M.
• $5.2 million raise for this year.
• If he's cut after '23, it's a 1-year, $45.7M extension.
He has been good, but not great for the Raiders. However, extending him was a focal point of the new Las Vegas brass this offseason.
Recently, new Raiders’ coach Josh McDaniels, who has backed Carr since he arrived in Las Vegas, said the team and Carr needed to find a sweet spot in talks about a new deal. This seems like a fair contract for both sides and makes Carr in the top-five paid quarterbacks in the NFL.
Raiders QB Derek Carr said he was willing to play the 2022 season on the final year of his original contract. But he was confident an extension would be made. ‘At the end of the day I want to be a Raider.’ #vegas #raiders #raidernation @Raiders pic.twitter.com/Nqaxm09OpQ— Mick Akers (@mickakers) April 13, 2022
It was clear a deal would get done when the Raiders traded for his college teammate and close friend, Davante Adams, last month.
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
Now, both are extremely rich and the Raiders think they are poised for a Super Bowl run over the next few years.
Also, Carr has said he’d likely retire before playing for another team. This makes that hope closer to becoming a reality.
UPDATE: Pro Football Talk has reported the Raiders can get out of the deal next year.
UPDATE: McDaniels has released a statement on the signing:
“Derek Carr has been the leader of this franchise for a long time and we are thrilled to continue that relationship moving forward,” said Raiders Head Coach Josh McDaniels. “He has been a great example of someone who always puts the team first and we appreciate his desire to keep doing that while leading on and off the field. It is clear how much Derek cares about this organization, his teammates and winning. I look forward to the opportunity to work with him this season and beyond.”
The longest tenured quarterback in the AF