Let the Derek Carr sweepstakes begin.
With the Pro Bowl quarterback declining to waive his no-trade clause, the Raiders released Carr on Tuesday before his $32.9 million salary for the 2023 season would have become fully guaranteed. The Raiders would have also been on the hook for $7.5 million of Carr’s '24 salary if he was on the roster past the deadline. The move gives the Raiders over $48 million in cap space, according to overthecap.com.
Carr, 31, will be looking to recoup the lost money on his current contract and will likely have a long line of suitors with nearly half the teams in the NFL having uncertainty at the position heading into the 2023 offseason. But it’s not all about money. Carr likely wants his next team to have a talented roster with a winning culture and the right fit in coaching philosophy.