Friday, August 14, 2026

Derek Carr Becomes 5th-Highest-Paid QB with $121.5M Extension

  • The three-year deal will keep the Raiders quarterback in Las Vegas through the 2025 season.
  • His $40.5M AAV will rank fifth in the NFL in ’23.
Kirby Lee-USA TODAY Sports

A month ago, the Raiders made a blockbuster trade to bring Davante Adams to Las Vegas — reuniting the wideout with his college quarterback. 

On Wednesday, Derek Carr reportedly agreed to a three-year, $121.5 million extension, keeping him under contract through 2025 and including a no-trade clause.

At 31, the longest-tenured QB in the AFC West is finally getting paid like a top-tier signal-caller.

  • Carr is set to earn $19.9M this season (No. 15 among QBs) — the last of his five-year, $125M extension from 2017.
  • When his new extension starts in 2023, he’ll be the seventh player to ever earn $40M per year.
  • His $40.5M AAV will rank fifth in the NFL (Aaron Rodgers, Deshaun Watson, Patrick Mahomes, Josh Allen).
  • He threw for a career-high 4,804 yards and tossed 23 TDs in 2021; he holds the franchise record in passing yards (31,700) and TD passes (193).

Though Carr is fifth among active QBs for both game-winning drives (30) and fourth-quarter comebacks (24), he’s led the Raiders to just two postseasons and hasn’t won a playoff game

But if the Vegas fanbase is excited for Year 1 of the Carr-Adams duo, bookmakers aren’t convinced just yet: The Raiders have the 17th-best odds to win the Super Bowl (+3,500).

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Oct 13, 2024; London, United Kingdom; The Chicago Bears logo in the end zone before an NFL International Series game at Tottenham Hotspur Stadium. Mandatory Credit: Kirby Lee-Imagn Images

Bears Call Indiana Stadium Plans Their ‘Sole Focus’

Bears chairman on Illinois: ‘Hope is not a strategy’
Madison Beer attends the Clive Davis party, also referred to as the annual Pre-Grammy Gala, in Beverly Hills, California, U.S., January 31, 2026.
First at FOS

NFL WAGs Going Viral at Practice Are No Coincidence

The moments are part of a coordinated content rollout to reach women.
Terrell Owens

Terrell Owens on Losing His Fortune: ‘Money Was Just Missing’

Owens says he eventually hired forensic accountants after discovering missing money.
Nov 24, 2025; Santa Clara, California, USA; A detailed view of the ESPN Monday Night Football touchdown Pylon on the field at Levi's Stadium.

ESPN Kicks Off Increased NFL Preseason Presence After Equity Deal

The ESPN app has 12 out-of-market preseason broadcasts.
podcast thumbnail mobile
Front Office Sports Today

NBA Owners ‘Stunned’ by Lakers Sale, Knicks’ $67M Run, WTA Sex Testing Starts

0:00

Featured Today

Trendy Golf Hat Divide Is More Than a Fashion Fight

As golf has gotten trendier, so has the sport’s style.
Joey Spallina of the Maryland Whipsnakes
August 6, 2026

How Eye Black Became ‘War Paint’ on the Field

“You’re going into battle, doing something you only do on game days.”
August 6, 2026

Tom Brady Explains His Aggressive Push Into Trading Cards

Brady talked to FOS about his eponymous card company.
FILE PHOTO: Cricket - Indian Premier League - IPL - Mumbai Indians v Chennai Super Kings - Wankhede Stadium, Mumbai, India - April 23, 2026 Mumbai Indians' Suryakumar Yadav in action
August 5, 2026

India Is Stealing Cricket’s Throne From England and Australia

India’s insatiable appetite for cricket has shifted the traditional locus of power.
WPBL
July 30, 2026

Who’s Playing Women’s Professional Baseball?

Sixty players from 11 countries are descending on Illinois for six weeks.
August 7, 2026

Money Suddenly Floods NFL’s Running Back Market

The long-overlooked position gets a big jolt of new energy. 
August 10, 2026

How the Chicago Sky Found the League’s Biggest Revelation

Sydney Taylor went undrafted in 2024 and played two years in Europe.
Sponsored

Saints Great Turns to Ownership

Marques Colston discusses his Champions Fund launch and finding success after football.
August 7, 2026

Clippers, Leonard Had Sponsorship Deal With Daktronics: Report

Daktronics installed the Intuit Dome’s halo board.
Eastlake’s Julian Williams (3) runs the ball during a District 1-6A high school football game against Pebble Hills on Friday, Oct. 31, 2025, at SAC 1 in El Paso, Texas.
August 6, 2026

Texas Heat Rules Reshape High School Football Practices

Smaller programs may lack the facilities and trainers to adapt.
Dec 28, 2017; Portland, OR, USA; Portland Trail Blazers guard CJ McCollum (3) dribbles the ball past Philadelphia 76ers forward JJ Redick (17) and guard Ben Simmons (25) during the fourth quarter at the Moda Center. The Blazers won 114-110. Mandatory Credit:
August 4, 2026

Why Pro Athletes Are Saying Their Big Contracts Weren’t So Big

“I think people should listen, because they’re telling the truth,” Chris Bosh told FOS.
Jul 12, 2026; London, United Kingdom; Jannik Sinner (ITA) serves against Alexander Zverev (GER) (not pictured) in the gentlemen's singles final of The Championships Wimbledon 2026 at All England Lawn Tennis and Croquet Club.
August 3, 2026

Star Withdrawals Test the Value of Tennis’s Masters Events

The Canadian Open is missing tennis’s biggest stars once again.