• Loading stock data...
Saturday, August 2, 2025
Tuned In returns to NYC on September 16. Hear from the biggest names in sports media. Click here to get your spot

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.”

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Bengals Extend Stadium Lease After $350M in Public Funds for Renovation

The Bengals will stay in the 25-year-old stadium through at least 2036.
opinion

ESPN-NFL Deal Still Contends With a Wild Card: Trump’s Approval

Negotiations between the NFL and Disney have been ongoing for four years

Commanders Seal Stadium Deal As D.C. Approves $1.1B in Funding

The NFL team’s return to its prior home receives key political support.

Micah Parsons Requests Trade From Cowboys As Contract Talks Stall

The defensive end has been seeking a new contract.

Featured Today

Coco Gauff at New York Liberty

How the New York Liberty Became the Hottest Ticket in Town

Once banished to the burbs, the Libs are now Brooklyn’s marquee attraction.
Las Vegas sign
July 29, 2025

College Sports Embracing Vegas After Years of Cold Shoulder

The Big Ten became the latest newcomer to Sin City.
2000, Jupiter, FL, USA; FILE PHOTO; Montreal Expos pitcher Hideki Irabu in action on the mound against the New York Mets at Roger Dean Stadium during Spring Training
July 28, 2025

Dead Sports Franchises Are Alive and Well on Twitter

The Expos, Sonics, and Whalers have active social media accounts.
Limited Hype
July 27, 2025

Sneaker Reselling Was Once Easy Money. Success Is Now Complicated

Vendors need to evolve what they’re selling and how they do it.
Leo Messi
exclusive

MLS Commissioner Don Garber Defends Messi Suspension

Messi was punished for skipping the MLS All-Star Game.
July 31, 2025

Mikal Bridges Takes $6M Discount to Help Knicks Avoid Second Apron

Bridges agreed to a four-year, $150 million extension Thursday.
McLaurin
August 1, 2025

Terry McLaurin Asks Out of Washington Amid Contract Standoff

McLaurin is in the final year of a three-year, $68 million contract. 
Sponsored

Game On: Portfolio Players Stories, Brought to You by E*TRADE from Morgan Stanley

Dealmaker Jeffrey Kaplan maps the evolution of sports as an asset class
Apr 25, 2025; Minneapolis, Minnesota, USA; Los Angeles Lakers guard Luka Doncic (77) looks on against the Minnesota Timberwolves in the first half during game three of first round for the 2024 NBA Playoffs at Target Center.
July 31, 2025

Luka Dončić Eligible to Sign $229M Extension Saturday

Dončić can sign a four-year, $229 million extension on Aug. 2.
July 29, 2025

Gabby Williams: ‘Unrivaled Saved the WNBA’s Butt’

Unrivaled was cofounded by Napheesa Collier and Breanna Stewart.
Jul 24, 2025; Washington, D.C., USA; Venus Williams (USA) waves to the crowd after her match against Magdalena Frech (POL)(not pictured) in a women's singles match on day four of the Mubadala Citi DC Open at Rock Creek Park Tennis Center.
July 29, 2025

Venus Williams Returns to U.S. Open Ahead of New Mixed Doubles Format

The number of doubles teams at the US Open has been cut to 16 from 32.
Joaquin Niemann
July 28, 2025

Scottie Scheffler’s Season Earnings Surpassed by LIV’s Niemann

Niemann has made $21.94 million on the golf course this year.