The Las Vegas Raiders released Derek Carr after the quarterback refused to waive his no-trade clause, the team announced.
If Carr were still on the Raiders’ roster as of 4 pm ET Tuesday, $40.4 million of his contract would have been fully guaranteed.
The roster move frees up about $29 million in salary-cap space for Las Vegas and allows Carr to hit the open market a month before the start of the new NFL league year.
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Las Vegas Raiders quarterback Derek Carr looks to throw during the first half of a game against the New England Patriots at Allegiant Stadium on December 18, 2022 in Las Vegas. (Chris Unger/Getty Images)
«We have great respect for Derek Carr and what he has meant to the Raiders organization over the last nine years. Derek has done great things in this league and we are grateful to have been able to work with him last year.» .” head coach Josh McDaniels and Raiders general manager Dave Ziegler in a prepared statement.
«He is a true professional and we appreciate his hard work in achieving the results we all desire. We wish Derek and his family all the best in the future.»
Carr, who turns 32 next month, visited the New Orleans Saints last week. Any new contract Carr signs with his next team will likely reflect the current market rate for quarterbacks.
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Since Carr was released by Las Vegas, he doesn’t have to wait until the new league year begins on March 15 to sign with a team.
Over the course of his nine seasons with the Raiders, Carr frequently had to adjust to new head coaches. He played with Dennis Allen, Tony Sparano, Jack Del Rio, Jon Gruden, Rich Bisaccia, and Josh McDaniels. He also learned new offensive schemes under five different offensive plays during his tenure.
Las Vegas Raiders quarterback Derek Carr (4) runs with the ball during a game against the Cleveland Browns on December 20, 2021 in Cleveland. (AP Photo/Kirk Irwin, File)
Carr finishes with a 63-79 mark with the Raiders.
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The former Fresno State standout was selected in the second round of the 2014 NFL Draft.
In his rookie year, he beat out veteran quarterback Matt Schaub for the star job. He holds the most major passing records in Raiders franchise history, including 35,222 career passing yards.
Las Vegas Raiders quarterback Derek Carr (4) signals during the first half of a game against the Pittsburgh Steelers in Pittsburgh on December 24, 2022. (AP Photo/Don Wright)
Carr signed a three-year, $121.5 million extension last year that included a no-trade clause. McDaniels benched Carr for the final two games of the 2022 season. The Raiders decided to start Jarrett Stidham down the stretch.
In January, Carr left the team in what was characterized as a «mutual decision» and posted a farewell to fans on social media.
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Carr has been a durable player throughout his career, missing just two games due to injury. The Raiders have the No. 7 overall pick in April’s draft and could select their quarterback of the future.