Derek Carr

New Orleans Saints, Quarterback

2023-2026 Free Agent (CURRENT)

Year	Age	Status	Cap HitAnnual	Cap % League Cap	Cash Annual	Cash Cumulative	Dead Cap Annual
2023	32		$7,200,000	3.20%	$30,000,000	$30,000,000	$60,000,000
2024	33		$12,668,000	4.96%	$30,000,000	$60,000,000	$62,800,000
POTENTIAL OUT: 2025, 2 YR, $70,000,000; $60,132,000 DEAD CAP
2025	34		$51,458,000	18.83%	$40,000,000	$100,000,000	$50,132,000
2026	35		$61,458,000	21.02%	$50,000,000	$150,000,000	$28,674,000
2027	36	Void UFA	$17,216,000	5.50%	-	$150,000,000	$17,216,000
2028		Void	$5,758,000	1.72%	-	$150,000,000	-
2029		Void	-	-	-	$150,000,000	-

Year	Age	Status	Base P5 Salary	Signing Proration	Restructure Proration	Roster Bonus	Cap Hit	Cap % League Cap	Dead Cap
2023	32		$1,500,000	$5,700,000	-	-	$7,200,000	3.20%	$60,000,000
2024	33		$1,210,000	$5,700,000	$5,758,000	-	$12,668,000	4.96%	$62,800,000	2024 Release/Trade PRE-6/1 RELEASE 2024 Dead Cap: $62,800,000 2024 Savings: $-50,132,000 PRE-6/1 TRADE 2024 Dead Cap: $51,590,000 2024 Savings: $-38,922,000 What is a Pre-6/1 Release or Trade? When a player is released or traded before June 1st, all of the dead cap remaining on his contract (including any guaranteed salary) accelerates into the current year. POST-6/1 RELEASE 2024 Dead Cap: $22,668,000 2025 Dead Cap: $40,132,000 2024 Savings: $-10,000,000 POST-6/1 TRADE 2024 Dead Cap: $11,458,000 2025 Dead Cap: $40,132,000 2024 Savings: $1,210,000 What is a Post-6/1 Release or Trade? When a release or trade is processed after June 1st (including a Post June 1st Designation transaction), the remaining dead cap on the contract is allowed to split across the current year & the following year. Dead cap that is directly associated with the current year plus all future guaranteed salary remains as current year dead cap, while the remaining future year dead cap is allocated to the following season.
POTENTIAL OUT: 2025, 2 YR, $70,000,000; $60,132,000 DEAD CAP
2025	34		$30,000,000	$5,700,000	$5,758,000	$10,000,000	$51,458,000	18.83%	$50,132,000	2025 Release/Trade PRE-6/1 RELEASE 2025 Dead Cap: $60,132,000 2025 Savings: $-8,674,000 PRE-6/1 TRADE 2025 Dead Cap: $40,132,000 2025 Savings: $11,326,000 What is a Pre-6/1 Release or Trade? When a player is released or traded before June 1st, all of the dead cap remaining on his contract (including any guaranteed salary) accelerates into the current year. POST-6/1 RELEASE 2025 Dead Cap: $31,458,000 2026 Dead Cap: $28,674,000 2025 Savings: $20,000,000 POST-6/1 TRADE 2025 Dead Cap: $21,458,000 2026 Dead Cap: $28,674,000 2025 Savings: $40,000,000 What is a Post-6/1 Release or Trade? When a release or trade is processed after June 1st (including a Post June 1st Designation transaction), the remaining dead cap on the contract is allowed to split across the current year & the following year. Dead cap that is directly associated with the current year plus all future guaranteed salary remains as current year dead cap, while the remaining future year dead cap is allocated to the following season.
2026	35		$50,000,000	$5,700,000	$5,758,000	-	$61,458,000	21.02%	$28,674,000	2026 Release/Trade PRE-6/1 RELEASE 2026 Dead Cap: $28,674,000 2026 Savings: $32,784,000 PRE-6/1 TRADE 2026 Dead Cap: $28,674,000 2026 Savings: $32,784,000 What is a Pre-6/1 Release or Trade? When a player is released or traded before June 1st, all of the dead cap remaining on his contract (including any guaranteed salary) accelerates into the current year. POST-6/1 RELEASE 2026 Dead Cap: $11,458,000 2027 Dead Cap: $17,216,000 2026 Savings: $50,000,000 POST-6/1 TRADE 2026 Dead Cap: $11,458,000 2027 Dead Cap: $17,216,000 2026 Savings: $50,000,000 What is a Post-6/1 Release or Trade? When a release or trade is processed after June 1st (including a Post June 1st Designation transaction), the remaining dead cap on the contract is allowed to split across the current year & the following year. Dead cap that is directly associated with the current year plus all future guaranteed salary remains as current year dead cap, while the remaining future year dead cap is allocated to the following season.
2027	36	Void UFA	-	$5,700,000	$5,758,000	-	$17,216,000	5.50%	$17,216,000	2027 Release/Trade PRE-6/1 RELEASE 2027 Dead Cap: $17,216,000 2027 Savings: $0 PRE-6/1 TRADE 2027 Dead Cap: $17,216,000 2027 Savings: $0 What is a Pre-6/1 Release or Trade? When a player is released or traded before June 1st, all of the dead cap remaining on his contract (including any guaranteed salary) accelerates into the current year. POST-6/1 RELEASE 2027 Dead Cap: $0 2028 Dead Cap: $17,216,000 2027 Savings: $17,216,000 POST-6/1 TRADE 2027 Dead Cap: $0 2028 Dead Cap: $17,216,000 2027 Savings: $17,216,000 What is a Post-6/1 Release or Trade? When a release or trade is processed after June 1st (including a Post June 1st Designation transaction), the remaining dead cap on the contract is allowed to split across the current year & the following year. Dead cap that is directly associated with the current year plus all future guaranteed salary remains as current year dead cap, while the remaining future year dead cap is allocated to the following season.
2028		Void	-	-	$5,758,000	-	$5,758,000	1.72%	-	2028 Release/Trade PRE-6/1 RELEASE 2028 Dead Cap: $0 2028 Savings: $5,758,000 PRE-6/1 TRADE 2028 Dead Cap: $0 2028 Savings: $5,758,000 What is a Pre-6/1 Release or Trade? When a player is released or traded before June 1st, all of the dead cap remaining on his contract (including any guaranteed salary) accelerates into the current year. POST-6/1 RELEASE 2028 Dead Cap: $0 2029 Dead Cap: $0 2028 Savings: $5,758,000 POST-6/1 TRADE 2028 Dead Cap: $0 2029 Dead Cap: $0 2028 Savings: $5,758,000 What is a Post-6/1 Release or Trade? When a release or trade is processed after June 1st (including a Post June 1st Designation transaction), the remaining dead cap on the contract is allowed to split across the current year & the following year. Dead cap that is directly associated with the current year plus all future guaranteed salary remains as current year dead cap, while the remaining future year dead cap is allocated to the following season.
2029		Void	-	-	-	-	-	-	-	2029 Release/Trade PRE-6/1 RELEASE 2029 Dead Cap: $0 2029 Savings: $0 PRE-6/1 TRADE 2029 Dead Cap: $0 2029 Savings: $0 What is a Pre-6/1 Release or Trade? When a player is released or traded before June 1st, all of the dead cap remaining on his contract (including any guaranteed salary) accelerates into the current year. POST-6/1 RELEASE 2029 Dead Cap: $0 2030 Dead Cap: $0 2029 Savings: $0 POST-6/1 TRADE 2029 Dead Cap: $0 2030 Dead Cap: $0 2029 Savings: $0 What is a Post-6/1 Release or Trade? When a release or trade is processed after June 1st (including a Post June 1st Designation transaction), the remaining dead cap on the contract is allowed to split across the current year & the following year. Dead cap that is directly associated with the current year plus all future guaranteed salary remains as current year dead cap, while the remaining future year dead cap is allocated to the following season.

Year	Age	Status	Base P5 Salary	Signing Bonus	Restructure Bonus	Roster Bonus	Cash Total	Cash Cumulative	AYC Cumulative	AYC Remaining
2023	32		$1,500,000	$28,500,000	-	-	$30,000,000	$30,000,000	$30,000,000	$37,500,000
2024	33		$1,210,000	-	$28,790,000	-	$30,000,000	$60,000,000	$30,000,000	$40,000,000
POTENTIAL OUT: 2025, 2 YR, $70,000,000; $60,132,000 DEAD CAP
2025	34		$30,000,000	-	-	$10,000,000	$40,000,000	$100,000,000	$33,333,333	$45,000,000
2026	35		$50,000,000	-	-	-	$50,000,000	$150,000,000	$37,500,000	$50,000,000
2027	36	Void	-	-	-	-	-	$150,000,000	-	-
2028	37	Void	-	-	-	-	-	$150,000,000	-	-
2029	38	Void	-	-	-	-	-	$150,000,000	-	-

Contract Notes

$60M guaranteed at signing (signing bonus + 2023 salary + 2024 salary)
2025 Roster Bonus: $10M (fully guarantees 3/15/2024, paid the 5th league day of 2025 injury guaranteed at signing)
$30M 2025 salary fully guarantees the 3rd league day of 2025 (injury guaranteed at signing)
Full No Trade Clause
2027-2029 years automatically void the last day of the 2026 league year

Source: PFT

Earnings Per Year

Year	Age	Status	Cash Total	Cash Cumulative
2014	23	Active	$2,646,764	$2,646,764
2015	24	Active	$780,491	$3,427,255
2016	25	Active	$908,346	$4,335,601
2017	26	Active	$25,175,000	$29,510,601
2018	27	Active	$22,500,000	$52,010,601
2019	28	Active	$20,000,000	$72,010,601
2020	29	Active	$19,030,794	$91,041,395
2021	30	Active	$19,625,000	$110,666,395
2022	31	Active	$25,000,000	$135,666,395
2023	32	Active	$30,000,000	$165,666,395
2024	33	Active	$30,000,000	$195,666,395
Total			$195,666,395	$195,666,395
2025	34	Active	$40,000,000
2026	35	Active	$50,000,000
Total			$285,666,395

Earnings Per Team

Years	Team	Base	Signing	Roster	Restructure	Option	Incentives	Cash Cumulative
9		$89,942,519	$22,226,764	$22,800,000	-	$550,000	$147,112	$135,666,395
2		$2,710,000	$28,500,000	-	$28,790,000	-	-	$60,000,000

Year	Age	Base	Signing	Roster	Restructure	Workout	Incentives	Cash Total	Cash Cumulative
2014	23	$420,000	$2,226,764					$2,646,764	$2,646,764
2015	24	$664,173					$116,318	$780,491	$3,427,255
2016	25	$733,346			$150,000	$25,000		$908,346	$4,335,601
2017	26	$5,000,000	$12,500,000		$7,650,000	$25,000		$25,175,000	$29,510,601
2018	27	$7,400,000			$15,000,000	$100,000		$22,500,000	$52,010,601
2019	28	$19,900,000				$100,000		$20,000,000	$72,010,601
2020	29	$18,900,000				$100,000	$30,794	$19,030,794	$91,041,395
2021	30	$19,525,000				$100,000		$19,625,000	$110,666,395
2022	31	$17,400,000	$7,500,000			$100,000		$25,000,000	$135,666,395
2023	32	$1,500,000	$28,500,000					$30,000,000	$165,666,395
2024	33	$1,210,000		$28,790,000				$30,000,000	$195,666,395
Total		$92,652,519	$50,726,764	$28,790,000	$22,800,000	$550,000	$147,112	$195,666,395	$195,666,395
2025	34	$30,000,000			$10,000,000			$40,000,000
2026	35	$50,000,000						$50,000,000
Total		$172,652,519	$50,726,764	$28,790,000	$32,800,000	$550,000	$147,112	$285,666,395

Earnings Per Team

Years	Team	Base	Signing	Roster	Restructure	Option	Incentives	Cash Cumulative
9		$89,942,519	$22,226,764	$22,800,000	-	$550,000	$147,112	$135,666,395
2		$2,710,000	$28,500,000	-	$28,790,000	-	-	$60,000,000

Cap Hit

$12,668,000 / 106th

Cash Total

$30,000,000 / 26th

Contract Value

$150,000,000 / 19th

Contract Average

$37,500,000 / 18th

AAV% of Cap

16.68% / 17th

Signing Bonus

$28,500,000 / 26th

2-Year Cash

$60,000,000 / 25th

3-Year Cash

$100,000,000 / 16th

Total Guaranteed

$100,000,000 / 17th

Guaranteed at Signing

$60,000,000 / 25th

Sep 20, 2024 Fined $14,069 Obscene Gesture against Dallas (DAL)
Feb 23, 2024 Converted $28.79M of 2024 salary into signing bonus, adding 1 void year, clearing $23.02M of cap with New Orleans (NO)
Mar 06, 2023 Signed a 4 year $150 million contract with New Orleans (NO)
Feb 14, 2023 Released by Las Vegas (LV)
Apr 13, 2022 Signed a 3 year $121.5 million contract extension with Las Vegas (LV)
Oct 05, 2020 Fined $15,000 Conduct Detrimental to the league
Jun 22, 2017 Signed a 5 year $125 million contract extension with Oakland (OAK)
May 21, 2014 Signed a 4 year $5.371 million contract with Oakland (OAK)
May 09, 2014 Drafted by Oakland (OAK): Round 2 (#36 overall)