Derek Carr, Raiders agree to three-year, $121.5M extension

Las Vegas Raiders quarterback Derek Carr Orlando Ramirez-USA TODAY Sports

Raiders, three-time Pro Bowl QB Derek Carr agree to three-year, $121.5M contract extension

By Victor Barbosa | Last updated 4/13/22

The Las Vegas Raiders are right up there with the Miami Dolphins for taking the title of busiest AFC team during this offseason free agency period. They reportedly added to their laundry list of action items over recent weeks with a big contract extension to a career-long Raider on Wednesday.

The #Raiders and star QB Derek Carr have agreed to terms on a 3-year contract extension worth $121.5M, source said. The agreement ties Carr to Las Vegas through the 2025 season. He is already the longest tenured QB in the AFC.
— Ian Rapoport (@RapSheet) April 13, 2022

Las Vegas has made a handful of big-time moves both on and off the field, highlighted by their trade for wide receiver Davante Adams in March.

The Raiders have been SPENDING this offseason:

QB Derek Carr: 3-years, $121.5M
WR Davante Adams: 5-years, $142.5M
DE Maxx Crosby: 4-years, $98.98M
Edge Chandler Jones: 3-years, $51M

— Field Yates (@FieldYates) April 13, 2022

The #Raiders' playoff loss to the #Bengals was less than 3 months ago. Since then:

Hired GM Dave Ziegler
Hired coach Josh McDaniels
Extended DE Maxx Crosby
Signed edge Chandler Jones
Traded for WR Davante Adams
Extended QB Derek Carr
— Tom Pelissero (@TomPelissero) April 13, 2022

Carr was selected by the Raiders in the second round at 36th overall during the 2014 NFL Draft and has missed just two regular season games over his career. The 31-year-old Carr made three consecutive Pro Bowls from 2015 to 2017, throwing for a career-high 32 touchdown passes in 2015.

The Fresno State product helped then-Oakland reach the playoffs for the first time in 14 years during the 2016 campaign, but missed Week 17 and the team's AFC Wild Card game due to injury. Carr shattered his previous career-best mark in passing yards in 2021 with 4,804 (helped in part by the 17-game schedule), while completing 68.4% of his passes for 24 touchdowns and a career-high 14 interceptions.

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