Raiders QB Derek Carr Agrees To $125M Extension

ALAMEDA (AP) — Raiders quarterback Derek Carr has finalized a five-year contract extension that will keep him tied to the team through the 2022 season.

Carr tweeted Thursday that an agreement had been reached to add five years to his current rookie deal that expires after this season.

Now it's done ????! From the jump I've wanted to be a Raider 4 life. One step closer to that! Blessed!!! Business done! Let's just play now!!!
— Derek Carr (@derekcarrqb) June 22, 2017

The contract will be worth $125 million, according to a person familiar with the deal who spoke on condition of anonymity because terms were not released.

Both sides had expressed a strong interest in signing a long-term deal with Carr, who was scheduled to enter the final year of his rookie contract.

Carr had imposed a deadline of the start of training camp in late July.