Carr will get $24.8 million at signing, including a $7.5 million signing bonus.
His 2023 salary also becomes guaranteed by February 15 next year or when he gets injured.
He will also have a base salary of $41.9 million in 2024 and $41.2 million in 2025.
This contract’s annual average value puts him on an exclusive list of players who could earn up to $40 million per year.
The Raiders rewarded Carr for his loyalty and his impressive 2021 season with 4,804 passing yards and 23 touchdowns.
On the flip side, Carr also expressed his desire to wear silver and black with his latest quote.
"I'm either going to be a Raider or I'm going to be playing golf." – #Raiders QB Derek Carr
— Paul Gutierrez (@PGutierrezESPN) April 13, 2022
ESPN NFL Nation reporter for the Raiders Paul Gutierrez shared this Carr quote: “I’m either going to be a Raider, or I’m going to be playing golf.”
The former Fresno State standout wouldn’t play for any other team except for the one that drafted him in 2014 when they were still based in Oakland.
If he does end up playing golf, he should be settled for life after earning over $72 million in salaries over his eight-season career.
Adams’ Arrival Enticed Carr To Extend
Forget about Davante Adams and Carr being college teammates.
Who wouldn’t want to play with one of the league’s elite receivers?
Carr will have that opportunity after Adams signed a five-year contract to join the Raiders.
Adams is coming off another All-Pro season with 123 receptions, 1,553 yards, and 11 touchdowns.
The Carr-Adams connection will haunt the opposition, especially their rivals in the challenging AFC West.