Today the long expected contract extension for Derek Carr was officially done. Carr lands a three-year, $121.25 million extension, putting him under contract with the Raiders for the next four years.
On the surface, the deal would appear to average over $40 million per season, which would make him the NFL’s fifth highest paid QB. But being that it’s an extension and Carr has one more year left on his contract, the full deal actually averages a shade over $35 million per season, which lands him at seventh among QB’s.
That’s, of course, providing the initial numbers are what they say they are and not max numbers after incentives. Details not yet revealed.