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#pounditThursday, September 24, 2020

Raiders sign Derek Carr to five-year extension

Derek Carr

The Oakland Raiders have signed Derek Carr to a contract extension that will reportedly make him the highest-paid player in NFL history.

Carr announced the new contract himself on Twitter, and NFL Media’s Ian Rapoport reported that the deal is worth $125 million over five years.

Carr’s brother David seemingly confirmed the details of the extension with a tweet of his own:

The average annual value of $25 million would be slightly more than the $24.59 million per year Andrew Luck gets with the Indianapolis Colts. Luck signed a five-year, $123 million deal last year that includes $87 million in guaranteed money.

Carr threw for 3,937 yards, 28 touchdowns and just six interceptions last season before suffering a season-ending leg injury in Week 17.

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