Supply: Raiders QB Carr Will get $121.5 Million Extension

Source: Raiders QB Carr Gets $121.5 Million Extension

Henderson, Nevada – Las Vegas Raiders quarterback Derek Carr signed a multi-year contract extension on Wednesday.

The Raiders didn’t reveal the phrases of the deal, however a supply confirmed to ESPN’s Jeremy Fowler that Carr has agreed to a three-year, $121.5 million extension that features a no-trade clause and runs by the 2025 season.

Carr additionally acknowledged on Wednesday that he might be with the Raiders for “4 extra years” and mentioned he would have understood had the brand new regime of Normal Supervisor Dave Ziegler and coach Josh McDaniels needed “somebody new” within the center.

“However the truth that they nonetheless imagine in me and watch the tape and say, ‘Wow, we wish you to remain right here for some extra years or a while,’ it means extra to me than some other issues to do,” Carr mentioned. “It was very clear to me how they felt about me from day one.”

Carr, 31, is about to obtain $19.87 million in base wage in 2023. He signed a five-year, $125 million extension in 2017 which was, on the time, the richest contract in NFL historical past. His common new yearly web price of $40.5 million (extension solely) ranks him fifth amongst NFL gamers.

The NFL Community first introduced the phrases of Carr’s extension on Wednesday.

“Derek Carr has been the chief of this franchise for a very long time and we’re thrilled to proceed this relationship transferring ahead,” McDaniels mentioned in a press release launched by the group. “He has been an important instance of somebody who all the time places the group first and we respect his want to proceed to take action whereas main each on and off the pitch. It is clear how a lot Derek cares for this group and his teammates and to win. I look ahead to the chance to work with him this season and past.”

Carr reiterated on Wednesday that he solely desires to be Ryder and that he’s “loopy sufficient” and is prepared to enter the ultimate 12 months of his deal in 2023.

“I instructed my agent,” he mentioned, “I’ll be a rider, or play golf.” I do not need to play anyplace else.” “That is what this place means to me.

“I hope folks can hear my coronary heart in that – that I used to be so critical once I was [said] which – which. I stayed one 12 months on my contract; Whether it is one 12 months, then it will likely be one 12 months. Luckily there might be 4 extra. Hopefully we are able to construct on that, I can end and do what I deliberate to do 9 years in the past, which is win the championship.”

Carr is coming off a season with the perfect 4,804 yards of his profession and has 23 touchdowns, the 14th worst interceptions of his profession and 40 sacks, the second highest whole in his eight-year profession. The Raiders went 10-7 and performed within the postseason for the second time since 2002 regardless of a turbulent season marked by the resignation of coach John Gruden, the arrest of receiver Henry Rogers III and the discharge of cornerback Damon Arnett.

Las Vegas misplaced within the wild card spherical of the AFC Championship Remaining to the Cincinnati Bengals 26-19 as Carr threw a fourth interception and a aim in entrance of the aim line with 12 seconds left.

Carr, a 2014 second-round Draft Raiders from Fresno, holds the franchise data for passing yards (31,700), TD assists (193) and game-winning drives (30). Carr’s 57 wins rank third in franchise historical past behind Corridor of Famer Ken Stabler (69) and Daryle Lamonica (62), and his 70 losses are probably the most.

It has been a busy season for the Raiders as Carr will reunite with former faculty teammate Davante Adams, acquired in March with the Inexperienced Bay Packers that noticed Las Vegas ship their first- and second-round picks on this 12 months’s draft to Inexperienced Bay and signal the star receiver to 5-year deal price $141.25 million.

The Raiders additionally signed four-time Professional Bowl edge rusher Chandler Jones to a three-year, $52.5 million free agent contract to affix Professional Bowl defensive MVP Maxx Crosby, who was signed to a four-year, $94 million extension earlier than the free company started. .

Carr mentioned his extension is structured to permit contracts with Adams, Jones and “hopefully Hunter” [Renfrow] and Foster [Moreau] And people guys can keep right here.” He later talked about Darren Waller as effectively.

“I used to be unhappy the final time I signed my contract – my greatest good friend left [Khalil Mack]”And I did not need that to occur once more,” he mentioned.

Carr is the tallest quarterback in West Asia, which additionally contains 2018 NFL MVP Patrick Mahomes with the Kansas Metropolis Chiefs, third-year rising star Justin Herbert with the Los Angeles Chargers and Tremendous Bowl XLVIII champion Russell Wilson with the Denver Broncos subsequent. They picked him up in a commerce with the Seattle Seahawks.