Raiders, Derek Carr Close To Finalizing New Contract
It looks like Oakland's quarterback will be earning a big upgrade as the two are close to finalizing a new contract, according to ESPN's Adam Schefter's Wednesday morning tweet.
Raiders and Derek Carr are close to finalizing a deal expected to pay their quarterback about $25 million per year, per league sources.
— Adam Schefter (@AdamSchefter) June 21, 2017
In a followup tweet, Schefter noted that the deal could be announced as early as the end of this week.
In the final year of his current contract, Carr will earn $1.15 million for the 2017 season. Good news to Oakland fans though, The San Francisco Chronicle's Vic Tafur assured that both parties are eager to finalizing the deal.
Both sides committed to getting this done. https://t.co/Z9dkiOFK3o
— Vic Tafur (@VicTafur) June 21, 2017