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Raiders, Derek Carr Agree to Three-Year, $121.5 Million Contract Extension

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derek carr

The Las Vegas Raiders and veteran franchise quarterback Derek Carr have agreed to terms on a three-year, $121.5 million contract extension that keeps Carr under contract through the 2025 season, according to NFL Network’s Ian Rapoport.

According to NFL Network insider Mike Garafolo, Carr’s new contract includes a no-trade clause, which only a dozen or so NFL players currently have as part of their contracts. Carr is now set to earn $141.3 million over the course of the next four years, with $100 million coming his way over the next three seasons, per the report.

Carr, 31, will now earn an average of $40.5 million, placing him fifth among quarterbacks.

Carr is coming off a season in which he posted a career-high 4,804 passing yards.

Anthony DiMoro is the creator of Sports Rants and the CEO of Elite Rank Media. He is a former Contributor for Forbes and the Huffington Post where he covered sports, social media, and SEO. Anthony formerly hosted the 'Forbes SportsMoney Podcast'.

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