The Las Vegas Raiders’ brass has made it clear that Derek Carr will remain the face of the franchise moving forward.

Since being hired, head coach Josh McDaniels and general manager Dave Ziegler have thrown their support behind the three-time Pro Bowl quarterback. Most recently, there’s been reports that the Raiders are open to signing Carr to a contract extension this offseason.

Now comes this note from NFL insider Jordan Schultz that the Raiders are prepared to offer Derek Carr top-end quarterback money. The report also indicates that the former second-round pick is seeking $35-plus million annually on a new contract.

  • Derek Carr contract: 5 years, $125 million ($19.9 million cap hit in 2022, free agent in 2023)

As you can see, Carr is vastly underpaid in the grand scheme of things. When he signed his current contract with the Raiders back in 2017, Carr was one of the five highest-paid signal callers in the NFL. Since then, the quarterback market has continually reset itself.

 

Derek Carr contract extension, what it might look like

We have to couple Carr’s performance in with the current quarterback market when coming to a conclusion about what an extension might look like.