Thursday, September 10, 2026
  • -
    days
  • -
    hours
  • -
    minutes
  • -
    seconds

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

Novig CEO: Sydney Sweeney Ad Puts Us in ‘National Discourse’

Sweeney got equity in the company, and the racy ad went viral.

Prediction Market Ad Blitz Gets Backlash

Platforms are trying to capitalize on the start of the NFL season.
Jan 21, 2017; Carson, CA, USA; General view of NFL shield logo helmet at StubHub Center. The Los Angeles Chargers will play the 2017 and 2018 seasons at the StubHub Center as part of Chargers owner Dean Spanos (not pictured) relocation of the franchise from San Diego to Los Angeles. Mandatory Credit: Kirby Lee-USA TODAY Sports
First at FOS

NFL Launches Content Partnership With The Athletic

Articles from the outlet now appear on NFL.com.
podcast thumbnail mobile
Front Office Sports Today

9/10/26 – LSU Won’t Add NFL Players, CFP Talks 24-Team Format With ESPN, Alcaraz-Shelton Ends at 3 A.M.

0:00

Featured Today

Is Carolyn Tisch Blodgett the Future Face of Giants Ownership?

Amid changes at top of Giants ownership, eyes are on Tisch Blodgett.
September 4, 2026

Wild Transfer Window Shows How Premier League Towers Over Soccer

Spending in England vastly outstripped the rest of Europe.
September 3, 2026

Teams Are Spending Millions to Build Luxury Locker Rooms

It’s a recruiting pitch, a retention tool, and a seven-figure line item.
September 1, 2026

High School Football Sidelines Are Clogged With Content Creators

Administrators call these amateur newcomers the “pajama paparazzi.”
Aug 3, 2026; Washington, D.C., USA; Alexandra Eala (PHI) kisses the championship trophy during the trophy ceremony after her match against Jessica Pegula (USA) (not pictured) in the women's singles final of the 2026 Mubadala DC Open at Rock Creek Park Tennis Center. Mandatory Credit: Geoff Burke-Imagn Images
August 30, 2026

How Alex Eala Turned the Philippines Into a Tennis Nation

A December homecoming match could break tennis’s attendance record.

Late-Night Shelton-Alcaraz Thriller Raises Questions for US Open

Alcaraz and Shelton’s match ended at 3:34 a.m. ET.
Sep 5, 2026; San Diego, California, USA; New York Yankees Aaron Judge (99) watches play during the fifth inning against the San Diego Padres.
September 8, 2026

Yankees Ticket Prices Rise as Judge Returns

One of MLB’s top fan attractions is returning to action.
September 8, 2026

Puka Nacua Remains Eligible for Rams Australia Opener

His disciplinary case is still under review.
Sponsored

Drew Weatherford’s Bet on the Youth Sports Economy

Drew Weatherford discusses investing across the youth, college and professional levels.
September 7, 2026

Charlie Woods Signs NIL Deal With TaylorMade Golf

Woods has already been mostly using TaylorMade equipment.
September 6, 2026

Williams Sisters Avoid Fines for Skipping US Open Press Conference

The duo has skipped press obligations before.
Aug 6, 2026; Toronto, Ontario, Canada; Jessica Pegula (USA) reacts after winning the first set against Kamilla Rakhimova (UZB) during third round play at Sobeys Stadium.
September 2, 2026

Pegula: Influencers Have Become ‘A Little Too Much’ at US Open

Pegula said she also can appreciate what influencers can bring to the sport.
September 2, 2026

NBA Finds Clippers Violated Salary Cap, Bans Ballmer for a Year

The Clippers were fined $30 million.