NFL

Oakland Raiders: Derek Carr becomes NFL’s highest paid player

Derek Carr torn on extension negotiations.
Image by Daniel Gluskoter/AP Images

The Oakland Raiders made Derek Carr the highest paid NFL player via a five-year, $125 million contract extension on June 22.

Carr’s extension includes $40 million fully guaranteed, $70 million in total guarantees and a $12.5 million signing bonus, per NFL.com. The 2014 second-round pick surpasses Andrew Luck as the league’s highest paid player based on average annual salary.

Carr was slated to make less than a million dollars this season before the extension. The 26-year-old quarterback made $1.46 million last season, per Over the Cap.

The two-time Pro Bowler provides the stability that the Raiders have not seen in decades. He is the youngest Pro Bowl quarterback for Oakland since Kenny Stabler. Carr is also the 16th starter at QB since Rich Gannon won the 2002  NFL MVP.

Previously, it was reported that Carr had a deal done. He shot those rumors down on Twitter. Then, he confirmed the contract for himself.

After the season, Carr and the Raiders had stated a desire to get an extension done before the start of training camp. Carr said he would not even talk about an extension once the season got started.

In three seasons, Carr has thrown for 11,194 yards, 81 touchdowns and 31 interceptions. Last season, Carr graded as the sixth best quarterback, per Pro Football Focus. Football Outsiders ranked Carr seventh amongst QBs for total value.

Many players and coaches took to Twitter to congratulate Carr on his new deal.

Otherwise, there are questions about how Carr’s new deal impacting negotiations for other quarterbacks in the league. Carr’s $47 million in guarantees dues to injury falls well short of Luck’s $87 million, per ESPN’s Dan Graziano. Graziano said that representation for a quarterback like Matt Stafford probably passes on a deal like Carr’s due to the low upfront guarantees.

Either way, Graziano expects that another quarterback could take the highest-paid player title from Carr very soon. Carr finished last season with 3,937 passing yards, 28 passing touchdowns, and only 6 interceptions. He completed 63 percent of his passes as the Raiders went 12-3 with him as a starter.

 

 

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Pete D. Camarillo only loves sports and writing. He tried combining those passions with his degree in Journalism at CSUN. He's had work published on Fansided, Endzone Score, Inquisitr, Elite Daily and several print publications. Pete also did community relations with the L.A. Clippers during the 2014-15 season. Follow him on Twitter @petecertified.
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