Derek Carr Net Worth

What is Derek Carr's Net Worth and Salary?

Derek Carr is a professional football quarterback who has a net worth of $80 million. Originally selected by the Oakland Raiders in the second round of the 2014 draft, Derek Carr spent nine seasons with the Raiders franchise before joining the New Orleans Saints in 2023. Throughout his career, the four-time Pro Bowl selection amassed 41,245 passing yards, 257 touchdowns, and 112 interceptions with a 92.8 passer rating. His career was defined by resilience and leadership, setting numerous franchise records with the Raiders, including career passing yards and touchdowns. With the Saints, Carr worked to stabilize the quarterback position but battled injuries in both seasons, including the labral tear and degenerative rotator cuff injury in his throwing shoulder that ultimately led to his retirement decision. While never winning a playoff game in his 77-92 career as a starter, Carr established himself as a durable competitor with 28 career fourth-quarter comebacks and leaves the game as one of the most productive quarterbacks of his generation. On May 10, 2025, Derek announced he was retiring from the NFL.

Contracts and Earnings

Ahead of his rookie season, Derek signed a four-year, $5.37 million deal with the Oakland Raiders. In 2017, he signed a five-year, $125 million contract with the Raiders. That contract made him one fo the highest-paid athletes in the world the following year when his total income between salary and bonuses was $42 million.

In April 2022, Derek and the Raiders signed a three-year $121 million contract extension, but he was released before the 2023 season amid a rocky end to his tenure with the team.

Derek's time with the Raiders came to a tumultuous end in early 2023. He soon signed a 4-year, $150 million deal with the New Orleans Saints. Out of the $150 million, $100 million was fully guaranteed. Had he not retired in May 2025, his 2026 salary was going to be $50 million. Given his May 2025 retirement, his total NFL earnings were $195 million. Had he not retired, his career earnings easily would have approached $300 million.

Early Life and High School

Derek Carr was born on March 28, 1991, in Bakersfield, California, as the youngest of three children of Sheryl and Rodger. In 2002, after his brother David was drafted by the Houston Texans, he moved with his family to Sugar Land, Texas. There, Carr attended Clements High School, where he began his football career. As a sophomore, he passed for 1,246 yards and 12 touchdowns. In his junior year, he passed for 1,622 yards and 16 touchdowns as Clements recorded an undefeated season. For his senior year of high school, Carr attended Bakersfield Christian High School, as he had moved with his family back to California. At the school, he led the Eagles football team to a 12-1 record and the California Interscholastic Federation Central Section Division V Championship.

Collegiate Career

In 2009, Carr enrolled as an early-entry freshman at California State University, Fresno, where his brother David had also played as a quarterback. He ultimately appeared in five games for the Fresno State Bulldogs that season. After redshirting in the 2010 season, Carr took over the starting quarterback position in 2011. He finished that season with 3,544 passing yards and 26 touchdowns. Carr had an even better season in 2012, passing for 4,104 yards and 37 touchdowns and earning Mountain West Conference Offensive Player of the Year honors. In his final season at Fresno State in 2013, Carr helped lead the Bulldogs to an incredible 11-2 record, the most season wins for the team since 2001. He went on to help the Bulldogs win the MWC Championship Game over Utah State. In the Las Vegas Bowl, the team fell to USC. For his terrific 2013 season, in which he led Fresno State with 5,083 yards and 50 touchdowns, Carr won the Sammy Baugh Trophy.

(Thearon W. Henderson/Getty Images)

Oakland / Las Vegas Raiders

In the 2014 NFL Draft, Carr was chosen by the Oakland Raiders in the second round with the 36th overall pick. Due to his impressive performance in the preseason, he was named the starting quarterback for the Raiders' opener, making him the first rookie quarterback in franchise history to start a season opener. Carr continued as the starting quarterback for the rest of the season. He finished his rookie year with 3,270 passing yards and 21 touchdowns. Carr improved in 2015, posting 3,987 passing yards and 32 touchdowns. He subsequently had one of his most memorable seasons in 2016 as he helped lead the Raiders to their first winning season in 14 years. The team reached the playoffs, but lost to the Texans in the Wild Card Round. In 2017, Carr signed a five-year contract extension with the Raiders. That season, he recorded 3,496 passing yards and 22 touchdowns as the Raiders missed the playoffs with a 6-10 record. However, Carr earned his third consecutive Pro Bowl selection.

Under new head coach Jon Gruden, the Raiders struggled in 2018, posting a poor 4-12 record. However, Carr finished the season with a career-high 4,049 passing yards. The Raiders improved in 2019 with a 7-9 record as Carr set a new career high with 4,054 passing yards. That season, Carr broke the franchise all-time record for passing yards. In 2020, the Raiders' first season in Las Vegas, Carr set a new career high of 4,103 passing yards as the Raiders finished with an 8-8 record. He far surpassed that number in 2021, finishing with 4,804 yards. Carr also set franchise records for passing attempts and passing completions. The Raiders moved on to the playoffs, where they lost to the Cincinnati Bengals in the Wild Card Round. In the spring of 2022, Carr signed a three-year contract extension with the Raiders. However, after completing just 53.3% of his passes and throwing three interceptions in a Week 16 loss to the Pittsburgh Steelers, he was benched for the remainder of the 2022 season. Carr finished the season with 3,522 passing yards and 24 touchdowns. He was released by the Raiders in early 2023.

New Orleans Saints

In March of 2023, Carr signed a four-year contract with the New Orleans Saints. The move reunited him with former Raiders head coach Dennis Allen.

Personal Life

With his wife Heather, whom he married in 2012, Carr has three sons named Deker, Dallas, and Deakon, and a daughter named Brooklyn.

Las Vegas Mansion

In November 2019, Derek paid $3.62 million for a home in Las Vegas. He listed this home for sale in July 2024 for $8.99 million.

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