Spotrac projects that the Raiders QB will get a five-year, $160 million deal.
There has been talk for months that the Las Vegas Raiders could give quarterback Derek Carr a contract extension this offseason.
That talk picked up major steam on Monday when contract website Spotrac tweeted a projected extension with numbers for Carr, who has two more seasons left on his contract. Spotrac predicts that Carr will get a five-year, $160 million deal.
Derek Carr’s future in Las Vegas is soon to be extended as the 29 year old closes in on a new contract w/ the #Raiders. Carr holds a 5 year, $160M projection in our system currently. https://t.co/jafV97SbP5
— Spotrac (@spotrac) February 22, 2021
Now, this wasn’t a report, but merely an educated guess. There doesn’t appear to be any new deal close to being finalized.
Yet, don’t be surprised if the Raiders do get something done with Carr, who turns 30 next month, and who is coming off one of his best seasons despite Las Vegas missing the playoffs.
The Raiders have turned down trade interest in Carr and appear to be committed to him, so a new deal makes sense.
Carr has stated that he doesn’t think he’ll ever play for another team and he loves the raiders. So, he would likely be interested in securing his future early, and as Vinny Bonsignore of the Las Vegas Review-Journal pointed out, getting a new deal done with Carr now could benefit the Raiders’ salary cap.
Thoughts on Derek Carr speculation about an extension with @Raiders: In looking at his contract and the Raiders cap situation, a short-term extension makes a lot of sense as it can lower his cap number this year while securing their QB for the next three/four years.
— Vincent Bonsignore (@VinnyBonsignore) February 22, 2021
Again, nothing appears close, but don’t be shocked if this is a major story at some point this offseason.