BREAKING: Las Vegas Raiders Signing QB Derek Carr To Massive 3-Year, $121.5M Extension

According to Ian Rapoport, the Raiders and QB Derek Carr have come to terms on a three-year extension with a value of $121.5 million.

The #Raiders and star QB Derek Carr have agreed to terms on a 3-year contract extension worth $121.5M, source said. The agreement ties Carr to Las Vegas through the 2025 season. He is already the longest tenured QB in the AFC. ? ? ?

— Ian Rapoport (@RapSheet) April 13, 2022

In all, Derek Carr is set to earn $141.3 million over four years, with $100 million of it coming over the next three years. The deal also includes a no-trade clause, source says.

Carr remains the #Raiders’ QB for the foreseeable future. https://t.co/b0Q69zpF1B

— Mike Garafolo (@MikeGarafolo) April 13, 2022

Carr was entering the final year of his deal in 2022, but now he is set and secure for the next few years.

The team traded for Davante Adams and are now looking like a team that can compete, not only for a playoff spot every year, but to go much deeper and accomplishes something special.

In 2021, Carr appeared in 17 games for the Raiders and completed 68.4 percent of his passes for 4,804 yards, 23 touchdowns, and 14 interceptions.