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Derek Carr Aiming For $35MM-Plus Per Year; Panthers View Price As Too Steep?

February 25th, 2023 at 2:38pm CST by Sam Robinson

The Raiders released Derek Carr nearly two weeks ago, and while the veteran quarterback has visited the Saints and Jets thus far, he remains a free agent. Carr is clearly not in a rush to land with a second NFL employer, and a price point has emerged.

Carr’s third Raiders contract paid him just more than $40MM per year, but its construction led to it being a one-year agreement. For his fourth NFL deal, Carr is not demanding it match the AAV the Raiders authorized last year. But Carr is aiming for a contract north of $35MM annually, Dianna Russini of ESPN.com notes (Twitter link).

Last year’s Raiders-Carr agreement also gave him a head-start on free agency, via the guarantee vesting date coming exactly a month before the market opens. But Carr is willing to wait for a team to meet his asking price; he does not need to be the first QB to sign this offseason, per Russini. It would seemingly behoove Carr to sign early, before free agency begins to dramatically alter teams’ budgets. But Daniel Jones signing soon could also strengthen Carr’s stance.

The Giants are not expected to be in play for non-Jones QBs, but the free agent-to-be is asking for a contract at or near the $45MM-per-year mark. Given the gap in accomplishments between Jones and Carr, the Giants giving their 25-year-old QB a deal in the $40MM-AAV range would seem to bolster the latter’s value. Carr is 31, which impacts his stock compared to Jones’, but be should have at least a few more prime years to factor into his negotiations.

No quarterbacks currently sit between the $35MM and $40MM AAV thresholds. Carr and Jones may end up bridging that gap, though it will be interesting to see if the latter stands down and accepts an offer closer to the Giants’ price point than his own. Carr also has the luxury of negotiating with multiple teams; Jones will not, as the Giants plan to use the franchise tag on him absent an extension agreement by March 7. Carr has engaged in talks with teams beyond the Jets and Saints, though those are the big two at the moment. And not much has come out connecting Carr to the Saints since he became a street free agent.

The Jets’ wish list does not appear to have changed. Although mutual interest exists between the Jets and Carr, the team is still waiting on Aaron Rodgers. The four-time MVP, post-darkness retreat, has not alerted the Packers if he wants to retire, return or be traded. An explosive report of the Packers being done with Rodgers certainly caught interested teams’ attention, and an AFC suitor moving on Carr early may not make much sense — unless it was certain Rodgers was off the table or sought a younger arm. The Jets have made no secret they are chasing a veteran, but it does not seem to matter if they acquire a 39-year-old passer or Carr, who will turn 32 this offseason.

Although the Saints are making their usual February cap maneuvers, it will be a challenge for the team to fit the kind of contract Carr seeks on their payroll. The Commanders are not believed to be as eager to pay up for a quarterback as they were last year; Ron Rivera said major funds are unlikely to be used on a QB. Thanks to Tom Brady‘s $35.1MM void-years bill coming due, the Bucs are unlikely to wade into the QB market’s deep waters, either. The Panthers also might not be eyeing such a move. They are interested in Carr to a degree, but David Newton of ESPN.com notes the team is believed to view this price as too steep. Carolina is more likely to re-sign Sam Darnold, or add a similarly priced passer, and further bolster the position in the draft than pay up for Carr.

This growing collection of cautious spenders would not bode well for Carr, who still may be waiting out Rodgers’ decision as far as the Jets are concerned. The rest of the quarterback market will be free to speak with other teams beginning March 13, but the Carr domino should still be expected to fall before that date.

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