The Raiders have allowed Derek Carr permission to speak with teams that have agreed to meet the compensation expectations that the franchise is seeking in exchange for the quarterback’s services, according to ESPN’s Adam Schefter.
The news also comes a day after Carr said that nothing had been set in stone about his next home in the NFL.
Carr, who expects to be traded to another team, has explicitly stated that he has no intention to remain in Las Vegas for the ’23 season, meaning he will not extend his contract past Feb. 15. If the 31-year-old was to do so, his guaranteed $40 million would begin.
However, The Athletic’s Vic Tafur reported that if Las Vegas fails to trade Carr by Feb. 15, the Raiders would release him, marking the end of his nine-year tenure in Sin City. Carr, who is currently serving as replacement in this year’s Pro Bowl festivities, signed a five-year, $125 million contract extension with Las Vegas in ’17 followed by a three-year, $121.5 million extension in spring ’22.
If Las Vegas manages to cut him before Feb. 15, he would count for $5.625 million on the Raiders' cap. Carr's $32.9 million base salary in '23 becomes guaranteed on Feb. 15, as does $7.5 million of his '24 base salary.
Las Vegas elected to sit Carr, the franchise’s starting quarterback since ’14, in the Raiders final two games of the regular season. Since then, his name been intertwined in trade rumors. He penned an emotional farewell to Las Vegas fans on Jan. 12.