Friday, October 9, 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

Want more from Front Office Sports
in your search results?

Add Front Office Sports on Google

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.”

Download the FOS App

The business of sports, in your pocket.

QR code to download the app

Scan the QR code to get the app now.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Sep 27, 2026; Rio De Janeiro, BRA; (Editors Notes: Caption Correction) A view of the NFL logo and the Baltimore Ravens and Dallas Cowboys during the game at Maracana Stadium.

NFL Urges Supreme Court to Hear Prediction-Markets Case

“It is critical for the Court to act as soon as possible,” a league source says.

Titans Fire Three Business Execs Amid Another Ugly Start

The moves are just the latest high-level exits and shifts in recent years. 
podcast thumbnail mobile
Front Office Sports Today

10/9/26 – MLB’s 154-Game Pitch, NFL Bets on SCOTUS, Shaq Says Barkley Isn’t Leaving

0:00

Featured Today

Oct 3, 2026; Starkville, Mississippi, USA; Alabama Crimson Tide head coach Kalen DeBoer waits to run onto the field prior to the game against the Mississippi State Bulldogs at Davis Wade Stadium at Scott Field. Mandatory Credit: Petre Thomas-Imagn Images

Who Is Alabama Football in Year 3 Under Kalen DeBoer?

The No. 6 Crimson Tide host No. 2 Georgia on Saturday.
Cubs behind the scenes
October 6, 2026

Hollywood and TikTok: Sports Media’s New ‘Blueprint’

Teams and leagues are pouring money into the quest for fans.
October 2, 2026

How the Baseball Cap Became a ‘Behemoth’

The hat has become essential for athletes, fans, and the sports-agnostic.
Morishita-Sato-homerun-celebration-at-Meiji-Jingu-Baseball-Staidum-2025
September 28, 2026

Japanese Baseball Is Fighting Back Against MLB Talent Drain

Nippon Professional Baseball is reimagining how to be a global juggernaut.
Aug 9, 2026; Bedminster, New Jersey, USA; President Donald Trump walks out of the clubhouse during the final round of the LIV Golf New York tournament at Trump National Bedminster.
September 25, 2026

Trump’s Year of Sports Gets Busier With CFB, Presidents Cup

The impact of Trump’s attendance varies across each sporting event.

Caitlin Clark Wants Mitchell Back With Fever Despite Fan Comments

Mitchell said she has yet to make a decision on her future.
Aug 23, 2026; Westfield, Indiana, USA; Jon Rahm tees off on hole 18 during the final round of the LIV Golf Indianapolis golf tournament at The Club at Chatham Hills.
October 7, 2026

Jon Rahm Will Not Participate in LIV 2.0

Rahm was LIV’s biggest star besides Bryson DeChambeau.
October 7, 2026

Jimmy Rollins: MLB Analytics Gurus Undervalue Team Chemistry

“I went to the college of MLB. Where’d you go?”
Sponsored

Beyond the Scorecard: How Dow Is Putting Purpose at the Center of Women’s Golf

Discover how Dow and the LPGA are building a partnership with lasting impact.
October 7, 2026

Coco Gauff Says Racist Abuse Has Been ‘Draining’ at China Open

Gauff pulled out of the Wuhan Open after the match.
Jun 9, 2025; Phoenix, Arizona, USA; Arizona Diamondbacks pitcher Justin Martinez (63) throws against the Seattle Mariners in the ninth inning at Chase Field.
October 7, 2026

Another Start-Up Is Trying to Sell Shares in Athletes’ Future Earnings

“We are basically building a mini Robinhood,” Agentiq’s cofounder tells FOS.
October 5, 2026

LeBron’s Fanatics Deal Includes Helicopter Use

The helicopter has repeatedly gone between NYC and Philly.
October 5, 2026

Alex Ovechkin Announces Retirement After 22 Seasons

The Capitals superstar said this season will be his last.