Negotiations between the Raiders and quarterback Derek Carr are expected to gain steam following the conclusion of this week’s owner’s meetings, sources tell Jason Cole of Bleacher Report (video link).
Any deal between Oakland and Carr is likely to be a “strong step above” the five-year, $122.97MM extension the Colts handed fellow signal-caller Andrew Luck last summer. Luck is currently the highest-paid quarterback in the league with a $24.594MM annual salary, but Carr could conceivably top that figure.
Carr, 26, may hold a bit more leverage than did Luck, as the Raiders don’t hold a fifth-year option on Carr given that he was originally a second-round selection. Oakland could deploy the franchise tag in 2018 at a cost of more than $22MM, but the club prefers not to use that tender, per Cole.
Raiders general manager Reggie McKenzie said in April that he’s been discussing an extension with Carr “for months”, and characterized those talks as “super positive.” Both McKenzie and Carr have expressed confidence that a new deal will get at some point.
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