Qb Derek Carr Agrees to Three-year, $121.5m Deal Extension With Raiders

If the offseason quotes weren’t enough, the Raiders have now made a clear statement on Derek Carr’s future with the team. Carr and the Raiders have agreed to a three-year deal worth $121.5 million, NFL Network’s Ian Rapoport and Mike Garafolo said Wednesday. According to Rapoport and Garafolo, Carr’s contract deal runs through the 2025 season and includes a no-trade clause. The team later announced the extension.

“I’ve always wanted to be a Raider,” Carr spoke at a press conference. “And I told my agent, ‘I’m either going to be a Raider or I’m going to play golf,’ like I don’t want to play anywhere else.” How much this place means to me: Carr will earn an average of $40.5 million per year under his new contract, ranking fifth among all quarterbacks in average yearly compensation. It’s a number that might surprise people who don’t think Carr is a great quarterback, but for the Raiders, it was money well spent. Carr set the Raiders’ single-season record for passing yards in 2021, breaking the record set by Rich Gannon in 2002.

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Still, it is a contract that should allow the Raiders to keep salary-cap flexibility in the future, which was not lost on incoming head coach Josh McDaniels. “What he did, and what we were willing to agree on, I believe shows you he’s heavily involved in this place, this organization, and assisting us in any way he can to try to win,” McDaniels said, according to the Las Vegas Review-Vincent Journal’s Bonsignore.

The cost of good but not outstanding quarterback play has risen in tandem with the most lucrative contracts awarded to the league’s top signal-callers. For those who witnessed Carr in 2021, it was good for Las Vegas to extend his contract beyond the last year of his current deal.

Derek Carr
Derek Carr

People who don’t agree with me might want to have a look at the quarterback’s recent record. Carr was in the top eight in completion percentage (64.8), passing yards per game (282.6), and passing yards per attempt (6.8), which means he did a good job (7.7). While his rating of 94 fell short of prior records set in 2020 (101.4) and 2019 (100.8), Carr’s play was excellent given the conditions in which he operated, including the in-season departures of his head coach and top receiver…

Las Vegas overcame so much to reach the playoffs thanks to a frantic, late-season push that saw last-second wins over Cleveland, Indianapolis, and the Los Angeles Chargers in the last month of the season. The Raiders simply do not reach Super Wild Card Weekend without Carr, a quarterback who has shown to be substantially more efficient as a passer over the last four seasons, raising his total completion percentage, passing yards per game, yards per attempt, and passer rating from 2014 to 2017.

Carr has the fourth-most throwing yards in the NFL since 2018, ranking behind only Patrick Mahomes, Tom Brady, and Matt Ryan, and even outperforming the 2020 and 2021 NFL MVP, Aaron Rodgers. Carr is one of only seven quarterbacks who have started at least 115 games since being selected in 2014. Carr might not be the best quarterback in the world, but he’s certainly playing at a level that’s close to that of the best.

After several offseasons spent wondering about the quarterback’s future with the Silver and Black, the new Las Vegas leadership pair of Dave Ziegler and McDaniels made sure to remove any doubt about Carr’s future by extending his contract through 2022. We can stop talking about Carr’s long-term prospects with the Raiders for now. All that remains is for the quarterback to reconnect with his former Fresno State running companion, star receiver Davante Adams. If they can pick up where they left off in college, the Raiders might finally win their first playoff game since the 2002 AFC Championship Game.

“My agent, myself, and the team, we made sure people like Chandler (Jones), Davante, hopefully, Hunter (Renfrow), and Foster (Moreau) can stay here,” Carr explained. When I signed my contract the first time, I was devastated by the way things had been structured. ” My best friend (Khalil Mack) left, and I didn’t want that to happen again.” It was an opportunity for me to show the team, the organization, and the fans that the way we’re going to arrange this is such that we can keep everyone together and truly have continuity, something to build on.”

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