Derek Carr Net Worth, Salary, Contract (2020)

Derek Carr Net Worth, Salary, Contract
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What is Derek Carr’s net worth and salary in 2020? See how much Carr is worth, his NFL contract, and other interesting facts.

Derek Dallas Carr (born March 28, 1991) is a professional American football player who plays in the National Football League (NFL) for the Las Vegas Raiders. 

The Raiders quarterback, who has spent seven seasons in the NFL, has proven he is one of the league’s fast-rising stars by his antics in the pitch. 

When Carr got into the NFL, he was thrust into the spotlight as he was viewed in the same light as his elder brother, David Carr, the 2002 NFL Draft first overall pick. 

Though he didn’t get to be the first overall pick in the 2014 NFL Draft, Derek Carr was drafted in the second round as the 36th overall pick. However, he proved that he isn’t an average player through his performances. 

A year after debuting in the NFL, Carr made it to the Pro Bowl and did so for the next two years. 

Carr’s exceptional playing style has seen him lay claim to multiple Las Vegas Raiders records, some of which he recorded in his rookie season.

Career Highlights

  • 3× Pro Bowl (2015–2017)
  • FedEx Air Player of the Week (2020)
  • 2× MWC Offensive Player of the Year (2012, 2013)
  • 2× First-team All-MWC (2012, 2013)
  • Sammy Baugh Trophy (2013)

What is Derek Carr’s Net Worth?

As of 2020, Derek Carr’s net worth is approximately $20 million. For a player with seven years of experience in the NFL, his fortune is quite expected. 

By his performance, Carr is fast becoming the Las Vegas Raiders’ top quarterback. If he improves his performance, the Raiders will reward him with a very lucrative deals, which could catapult him to become one of the league’s top earners. 

Though he earns a considerable sum to be considered one of the NFL’s highest-paid players, his fortune would increase if he gets a pay raise.

In 2020, Derek Carr was among the NFL players who made the Forbes’ highest-paid athletes list. 

Derek, who was ranked the 99th highest-paid athlete globally, earned $22 million, with endorsement deals with Panini and Nike accounting for $2 million.

Derek Carr would sign lucrative contracts that would see him make more than he currently does, which will increase his fortune in the near future.

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How Much is Derek Carr’s Salary?

In the 2020 season, Derek Carr will receive $19,000,000 in salary, which is $1 million less than his previous season’s salary. 

Derek Carr is the highest-paid Las Vegas Raiders player based on the cap hit.

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Derek Carr’s Contract History

After four seasons with the Fresno State Bulldogs, Derek Carr decided to enter the 2014 NFL Draft, where he was chosen in the second round as the 36th overall pick by the Oakland Raiders. 

In May 2014, he signed a four-year $5.371 million contract with the Raiders. In June 2017, he penned a five-year $125 million contract extension with the Oakland Raiders. 

Derek Carr, who is currently in the third year of his $125 million contract with the Raiders, has earned $91,010,601 in seven seasons in the NFL. 

By the time his current contract expires, he’ll have earned $130,513,120 in salaries. 

Charity & Philanthropy

Derek Carr is involved in several charitable ventures, notably his DC4KIDS Touchdown Challenge, which benefits the Valley Children Healthcare, where his oldest son had three surgeries due to a medical condition that tied up his intestines.

The DC4KIDS Touchdown Challenge is a $2,500 membership donation which gets them various accouterments signed by Derek Carr.

Derek Carr’s House & Car

Derek Carr has a home in Southern Highlands, Las Vegas, which he bought for $3.6 million. The 12,000-square-feet home is close to that of Las Vegas Raiders coach Jon Gruden. 

He owns a Porsche 911.

Summary

Net Worth:$20 Million
Salary:$19 Million
Date of Birth:March 28, 1991
Age:29 years old
Nationality:American
Source of Wealth:American Football Player
Last Update:2020

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Conclusion

Derek Carr’s net worth at $20 million is quite impressive.

Despite his comparison to his elder brother, Derek Carr has not given in to criticisms and continues to bring his best to the pitch. 

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