The Raiders have officially cut Derek Carr. He informed the team earlier this week that he would not accept a trade, forcing the Raiders to cut him and make him a free agent. If the team would have kept Carr, they would have owed him $40.4 million in guaranteed money.
The NFL Network’s Ian Rapoport reported the news via Twitter on Tuesday.
Carr was benched near the end of the 2022-2023 season as it became clear the Raiders were not playoff-bound. This is because if he were to be injured and fail to pass a physical, that same $40 million would have become guaranteed money.
The Saints, Panthers, Jets and others have all been named as teams of interest regarding Carr. His refusal to be traded (due to a no trade clause on his contract) actually helps those teams, as no draft picks will have to be relinquished in order to obtain his services.
Stay tuned for more breaking NFL content, including midseason moves, contract updates and more news from every team.
Featured image courtesy of Kirby Lee/USA TODAY Sports
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