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

Derek Carr Retires With Nearly $200M in NFL Earnings

The 11-year quarterback unexpectedly announced his retirement due to a shoulder injury.

Matthew Hinton-Imagn Images

Derek Carr is calling it a career.

In a surprise announcement Saturday, the Saints quarterback announced he is retiring from the NFL after 11 seasons—two with New Orleans and nine before that with the Raiders. 

“For more than 11 years, we have been incredibly blessed, and we are forever grateful and humbled by this experience,” Carr said in a statement released by the Saints. “It’s difficult to find the right words to express our thanks to all the teammates, coaches, management, ownership, team officials and especially the fans who made this journey so special. Your unwavering support has meant the world to us.”

Carr retires with about $195.7 million in career earnings, according to Spotrac. Over the Cap has him as the 17th-highest earner (not adjusted for inflation) in NFL history. 

Carr was set to miss the entire upcoming season to undergo shoulder surgery.

According to NFL Media’s Ian Rapoport, Carr was slated to earn $30 million this season, which he will forgo, but the quarterback and the Saints reached an agreement that the team will not seek to claw back $10 million in roster bonus and signing bonus money.

The surprise exit left social media buzzing about who will start for the Saints. The Saints have Jake Haener and Spencer Rattler listed as the second and third options on their depth chart, and drafted Louisville QB Tyler Shough in the second round of this year’s NFL Draft.

But Robert Griffin III was quick to give his own take: The Saints, he said, “need to call Aaron Rodgers.”

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

Kenny Albert Fox Sports

Kenny Albert on His Broadcasting Family, 60 Stadiums, Missing RedZone

Albert is Fox’s longest-tenured NFL play-by-play man.
NBC Sports Mike Tomlin
Opinion

Mike Tomlin Shines in NBC Sports Debut

Tomlin’s regular-season debut was one of the highlights of NBC’s coverage.

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.
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.