Derek Carr will be eligible for an extension after the end of the 2016 season, and ESPN’s Adam Schefter reports that the Raiders will indeed prioritize a new deal for their star quarterback in 2017.
Industry sources expect that Carr’s new contract will be in line with the mega-deal that Andrew Luck signed with Indianapolis this summer. Luck received a five-year, $123MM pact from the Colts, and Carr should be able to at least come close to that figure, though former NFL agent Joel Corry wonders if the Raiders will try to convince Carr to accept a “pay as you go” model (Twitter link).
Carr is having a tremendous season for the resurgent Raiders, who are showing rapid improvement under the steady and patient hand of GM Reggie McKenzie. Carr has completed over 66% of his passes this year and has posted a 100.9 quarterback rating, throwing for 17 touchdowns against just three interceptions. He and Amari Cooper have teamed up to form one of the best young quarterback-receiver duos in the NFL, and both players should only continue to get better.
Indeed, Carr has demonstrated marked improvement in each of his first three years in the league, and his gaudy numbers this season, combined with Oakland’s potential return to the playoffs, have thrust him into the middle of the MVP discussion. The good news for the Raiders is that they have managed the salary cap very well in recent years, so they should be able to meet Carr’s contract demands fairly easily.
However, they want to get a deal done quickly not just because they need to lock up Carr long-term, but because they will be facing several other major contract decisions in the near future. Cooper’s rookie deal is set to expire at the end of the 2018 season, and Khalil Mack‘s contract is up at the end of the 2017 campaign.
I hope he hires JaMarcus Russell as his agent. Russell knows all about making the Raiders pay way, way too much for a QB. He should also consult with other great Raiders signings… DeAngelo Hall, MJD, Lamarr Woodley, Justin Tuck, Javon Walker, the list goes on and on and on…