Friday is the one-year anniversary of Derek Carr’s huge contract extensions with the Oakland Raiders. The Raiders gave Carr a five-year, $125 million deal. It was the biggest deal in NFL history at the time.
Let’s take a look at what has happened in the past year since Carr inked the deal and what to expect moving forward:
Who has beat it: In the past year, quarterbacks Matt Ryan (Atlanta), Kirk Cousins (Minnesota), Jimmy Garoppolo (San Francisco) and Mathew Stafford (Detroit) have signed contracts that have a higher per year average than Carr.
Do those contracts make Carr’s deal a bargain? No, not nearly. The Raiders paid the going rate when Carr was up to get paid. His contract is still massive, and he must prove he’s worthy of it. The other big quarterback deals have no relevance to his.
How has Carr played since the contract? Not great. One of the reasons why Carr got paid so well was he played at an MVP level in 2016 and the Raiders went 12-4. His play dipped in 2017 and the Raiders went 6-10.
Will the deal be worth it? One of the reasons why Mark Davis gave Jon Gruden a $100 million deal was to make sure Carr lives up to his expectations. This is a big year for Carr and his deal. If he flourishes under Gruden, all will be well. If not, the Raiders may have a problem. But the early signs are positive that Carr will do well under Gruden.
What’s next for Raiders: Defensive end Khalil Mack (Oakland’s best player) is holding out for a huge deal. He will likely become Oakland’s second $100 million player.
Conclusion (for now): Carr earned his deal. He got paid the going rate. Until he proves otherwise, this was a worthwhile investment by Oakland a year ago.