Derek Carr agrees to 3-year, $121.5 million extension with Las Vegas Raiders, source confirms

Las Vegas Raiders quarterback Derek Carr has agreed to a three-year contract extension worth $121.5 million, a source confirmed to ESPN’s Jeremy Fowler.

Carr was given a no-trade clause as part of the deal, the source told Fowler.

The deal, which was first announced Wednesday by NFL Network, keeps Carr under contract with the Raiders through the 2025 season.

Carr, 31, is entering the final year of his current contract with the Raiders and will earn just under $19.8 million in base salary in 2022. The three-time Pro Bowler has spent his entire eight-year career with the Raiders after being drafted by them in the second round in 2014.

Carr had a career-high 4,804 yards and 23 touchdowns in 2021, leading the Raiders to a 10-7 record and a wildcard berth in the AFC playoffs — their second playoff appearance since 2002 — despite a turbulent season marked by the resignation of coach Jon Gruden and the arrest of receiver Henry Ruggs III.

Carr is the Raiders’ all-time leader in passing yards (31,700) and touchdown passes (193).

Carr’s extension is the latest decision in a busy offseason for the Raiders, who are looking to return to the playoffs in 2022 despite playing in the suddenly competitive AFC West.

The Raiders’ headline move this offseason was to sign Davante Adams — a teammate of Carr’s at Fresno State –– to a club-record deal after acquiring the star receiver in a trade from the Green Bay Packers. Las Vegas also signed point carrier Chandler Jones to bolster the passing rush.

Carr is the longest-serving quarterback in the AFC West, which also includes 2018 MVP Patrick Mahomes in Kansas City, third-year star Justin Herbert of the Los Angeles Chargers and newcomer Russell Wilson in Denver.

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