Derek Carr, the seasoned quarterback for the Las Vegas Raiders, has not only demonstrated exceptional skill on the football field but has also become a prominent figure in discussions about his net worth.
Carr’s financial standing is a subject of interest, considering his impressive career statistics and contributions to the sport.
With a track record of 154 regular season games and 5 playoff appearances, Carr’s worth extends beyond the field, encapsulating endorsements, contracts, and various business ventures.
Analyzing his market value involves assessing not only his on-field performance but also his influence and impact on the broader sports and entertainment landscape.
Who Is Derek Carr?
Derek Carr is an accomplished American professional football quarterback, widely recognized for his tenure with the Las Vegas Raiders in the National Football League (NFL).
Born on March 28, 1991, in Fresno, California, Carr played college football at Fresno State before being drafted by the Raiders in the second round of the 2014 NFL Draft.
Known for his strong arm, precision passing, and leadership skills, Carr has been a consistent force on the field, earning Pro Bowl honors and setting numerous records.
Beyond his athletic prowess, Carr is a respected figure off the field, involved in philanthropy and community initiatives.
His impact extends beyond football, making him a notable personality in both sports and charitable endeavors.
How Much Is Derek Carr Worth?
Derek Carr is a professional American football player who plays as a quarterback for the New Orleans Saints in the National Football League (NFL).
He is one of the most talented and accomplished players in his position and has a net worth of approximately $80 million as of 2023.
Here are the details about how much is Derek Carr worth:
Age
Derek Carr was born on March 28, 1991, in Fresno, California. He is 32 years old as of 2023.
Position
Derek Carr plays as a quarterback, who is the leader of the offensive team and the one who throws the ball to the receivers. He wears the number 4 jersey for the Saints.
Salary
Derek Carr signed a four-year contract with the Saints in 2023, worth $100 million, with $63.15 million guaranteed. His average annual salary is $25 million, making him the seventh-highest-paid quarterback in the NFL.
Career Records
Derek Carr’s Career Records:
Regular Season Games Played: 154
Playoff Games Played: 5
Games Started: 159 (Started all regular season and playoff games played)
Passing Statistics:
- Pass Completions: 3,559
- Pass Attempts: 5,507
- Completion Percentage: 64.6%
- Passing Yards: 40,589
- Touchdown Passes: 256
- Interceptions: 106
- Passer Rating: 92.1
Rushing Statistics:
- Rushing Yards: 1,055
- Rushing Touchdowns: 10
- Carries: 301
Notable Achievements:
- Most Passing Yards in a Single Game by a Rookie: 326
- Most Consecutive Games with a Touchdown Pass by a Raider: 19
- Most Fourth-Quarter Comebacks in a Single Season:
International Experience
Derek Carr has represented the United States in the International Federation of American Football (IFAF) World Championship, which is a tournament for national teams of American football.
He was part of the team that won the gold medal in 2015, defeating Japan 59-12 in the final. He was named the MVP of the tournament, after throwing for 684 yards and 12 touchdowns in four games.
Financial Stats
Derek Carr has earned a total of $125,463,272 from his NFL contracts as of 2023, according to Spotrac. He also has endorsement deals with several brands, such as Nike, Panini, and State Farm.
He has invested some of his money in real estate, buying a $3.6 million mansion in Las Vegas in 2020, and selling his California home for $3.5 million in 2021.
Injury
Derek Carr suffered a concussion in Week 10 of the 2023 season when he was hit by Tampa Bay Buccaneers linebacker Devin White.
He missed the next game against the Philadelphia Eagles but returned to practice after the bye week. He was cleared from the injury report and is expected to start in Week 12 against the Atlanta Falcons.
Current Team
Derek Carr is currently playing for the New Orleans Saints, who are in the NFC South division.
The Saints have a record of 5-5 and are tied for second place in the division with the Carolina Panthers.
They are one game behind the division leaders, the Tampa Bay Buccaneers, who have a record of 6-4.
The Saints have won two of their last three games, and are hoping to make a playoff push in the final stretch of the season.
Derek Carr’s Career Earnings
Derek Carr is one of the highest-paid quarterbacks in the NFL, having earned a total of $125,463,272 from his NFL contracts as of 2023.
Here is a breakdown of his career earnings by year and team:
Derek Carr’s Earnings in 2014
Carr was drafted by the Oakland Raiders in the second round of the 2014 NFL Draft, with the 36th overall pick.
He signed a four-year rookie contract worth $5,371,802, with a signing bonus of $2,202,016. His base salary for his first year was $420,000, and his cap hit was $975,504.
Derek Carr’s Earnings in 2015
Carr’s base salary increased to $585,000, and his cap hit was $1,140,504. He also earned a roster bonus of $284,060.
Derek Carr’s Earnings in 2016
Carr’s base salary rose to $750,000, and his cap hit was $1,305,504. He also received a roster bonus of $568,119.
Derek Carr’s Earnings in 2017
Carr signed a five-year contract extension with the Raiders, worth $125,025,000, with $70,200,000 guaranteed. His base salary for the year was $5,000,000, and his cap hit was $15,730,000.
He also earned a signing bonus of $12,500,000, a roster bonus of $7,500,000, and a workout bonus of $100,000.
Derek Carr’s Earnings in 2018
Carr’s base salary jumped to $7,400,000, and his cap hit was $25,000,000. He also received a roster bonus of $7,500,000 and a workout bonus of $100,000.
Derek Carr’s Earnings in 2019
Carr’s base salary was $19,900,000, and his cap hit was $22,500,000. He also earned a roster bonus of $2,500,000 and a workout bonus of $100,000.
Derek Carr’s Earnings in 2020
Carr’s base salary was $18,900,000, and his cap hit was $21,500,000. He also received a roster bonus of $2,500,000 and a workout bonus of $100,000.
Derek Carr’s Earnings in 2021
Carr’s base salary was $19,525,000, and his cap hit was $22,125,000. He also earned a roster bonus of $2,500,000 and a workout bonus of $100,000.
Derek Carr’s Earnings in 2022
Carr was traded by the Raiders to the New Orleans Saints in exchange for a first-round pick and a third-round pick in the 2022 NFL Draft.
His base salary for the year was $19,877,519, and his cap hit was $22,477,519. He also received a roster bonus of $2,500,000 and a workout bonus of $100,000.
Derek Carr’s Earnings in 2023
Carr signed a four-year contract with the Saints, worth $100,000,000, with $63,150,000 guaranteed.
His base salary for the year was $1,000,000, and his cap hit was $16,000,000. He also earned a signing bonus of $15,000,000.
How Much Is Derek Carr’s Contract?
Derek Carr’s current contract with the New Orleans Saints is worth $100 million, with $63.15 million guaranteed.
He signed this four-year deal in 2023, after being traded by the Oakland Raiders. His average annual salary is $25 million, making him the seventh-highest-paid quarterback in the NFL.
His contract details by year are as follows:
| Year | Base Salary | Signing Bonus | Roster Bonus | Workout Bonus | Cap Hit |
| 2023 | $1,000,000 | $15,000,000 | $2,500,000 | $100,000 | $16,000,000 |
| 2024 | $20,000,000 | $15,000,000 | $2,500,000 | $100,000 | $35,000,000 |
| 2025 | $25,000,000 | $15,000,000 | $2,500,000 | $100,000 | $40,000,000 |
| 2026 | $29,000,000 | $15,000,000 | $2,500,000 | $100,000 | $44,000,000 |
FAQS
What is Derek Carr’s estimated net worth?
Derek Carr’s net worth is $80 million
What factors contribute to Derek Carr’s overall worth?
Derek Carr’s overall worth is influenced by his NFL salary, endorsements, investments, and other income streams.
His on-field performance, marketability, and business ventures all contribute to his financial standing in the sports and entertainment industry.
Does Derek Carr have significant endorsements or sponsorships?
Derek Carr has been associated with various endorsements and sponsorships throughout his career.
These may include partnerships with sports brands, lifestyle companies, or other businesses.
How does Derek Carr’s net worth compare to other NFL quarterbacks?
Derek Carr’s net worth is unique to his career and financial decisions.
Comparisons to other NFL quarterbacks involve factors such as contract values, endorsements, and overall marketability.
Wrap Up
Derek Carr’s worth extends far beyond the yardage and touchdowns he achieves on the football field.
His financial standing is a dynamic interplay of lucrative NFL contracts, strategic endorsements, and diversified business ventures.
The ever-changing landscape of professional sports, coupled with Carr’s marketability, further shapes his net worth.
As a prominent figure in the NFL and the Las Vegas Raiders, his economic influence resonates both within the realm of sports and in broader entertainment spheres.
Tracking Derek Carr’s worth involves recognizing the multifaceted nature of his income streams and the impact of his brand on the evolving narrative of athlete financial success.
