Source: Raiders QB Carr gets $ 121.5 million extension

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HENDERSON, Nev. Las Vegas Raiders quarterback Derek Carr signed a multi-year contract extension on Wednesday.

The Raiders did not disclose the terms of the deal, but a source confirmed to ESPN’s Jeremy Fowler that Carr agreed to a three-year $ 121.5 million extension that includes a trade without a trade clause and runs through the 2025 season.

Carr also mentioned on Wednesday that he will be with the Raiders for “four more” years and said he would have understood if the new regime of general manager Dave Ziegler and coach Josh McDaniels wanted “someone new” as a quarterback.

“But the fact that they keep believing in me and watching the tape and saying, ‘Wow, we want you to be here some years more or some more time,’ that means more to me, much more to me. “me than any of the others. other things it has to do with,” Carr said. “It was very clear to me how they felt about me from day one.”

Carr, 31, is scheduled to earn $ 19.87 million in base salary in 2022. He signed a five-year extension of $ 125 million in 2017, which at the time was the richest contract in NFL history. His new money average per. year at $ 40.5 million (just for overtime) ranks fifth among NFL quarterbacks.

The NFL Network first reported the terms of Carr’s extension on Wednesday.

“Derek Carr has been the leader of this franchise for a long time and we are excited to continue that relationship going forward,” McDaniels said in a statement released by the team. “He’s 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’s 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. “

Carr reiterated on Wednesday that he only wanted to be a Raider and was “crazy enough” and willing to play the final year of his 2022 deal.

“I said to my agent, ‘either I want to be a Raider, or I have to play golf. I do not want to play anywhere else,'” he said. “So much does this place mean to me.

“I hope people can hear my heart on it – that I was dead serious when I was [said] to. I had a year left of my contract; if it were a year, it would be a year. Fortunately, there will be four more. Hopefully we can build on what I can finish and just do what I set out to do nine years ago and that was to win a championship. “

Carr comes from a season with a career-best 4,804 passing yards and had 23 touchdowns, a career-worst 14 interceptions and 40 sacks, the second-highest total in his eight-year career. The Raiders went 10-7 and played in the postseason for the second time since 2002 despite a turbulent season marked by the resignation of coach Jon Gruden, the arrest of receiver Henry Ruggs III and the release of cornerback Damon Arnette.

Las Vegas lost in the wildcard round by final AFC champion Cincinnati Bengals 26-19 as Carr threw a fourth-and-goal interception in front of the goal line with 12 seconds left.

Carr, the Raiders’ second-round draft pick in 2014, from Fresno State, holds franchise records in passing yards (31,700), TD passes (193) and game-winning drives (30). Carr’s 57 wins are in third place in franchise history behind Hall of Famers Ken Stabler (69) and Daryle Lamonica (62), and his 70 losses are the most.

It’s been a busy low season for the Raiders as Carr reunites with former college teammate Davante Adams, acquired in March trading with the Green Bay Packers, where Las Vegas sent its first- and second-round picks in this year’s draft to Green Bay and signing the star receiver to a five-year deal of $ 141.25 million.

The Raiders also signed four-time Pro Bowl edge rusher Chandler Jones to a three-year, $ 52.5 million free-agent contract to join Pro Bowl defensive MVP Maxx Crosby, who was signed to a four-year, $ 94 million extension, before free agency began.

Carr said his extension was structured to allow signing of Adams, Jones and “hopefully Hunter” [Renfrow] and Foster [Moreau] and those guys can stay here. “Later, he also mentioned Darren Waller.

“I went through a heartache the last time I signed my contract – my best friend left [Khalil Mack]he said. “And I did not want it to ever happen again.”

Carr is the longest-serving quarterback in AFC West, which also features 2018 NFL MVP Patrick Mahomes with the Kansas City Chiefs, third-year rising star Justin Herbert with the Los Angeles Chargers and Super Bowl XLVIII champion Russell Wilson with the Denver Broncos after they picked him up in a trade with the Seattle Seahawks.

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