As of 2024, American football quarterback, Derek Carr’s Net Worth is estimated to be $85 Million. According to various online resources (Wikipedia, Forbes, Bloomberg), the most popular American football quarterback Derek Carr’s estimated net worth is around $85 Million. Derek Carr has made massive growth in his professional football career since he started. He made this much net worth after signing contracts with a professional team. His amount of contract has also increased so much after he became the leading player in the team. Also, check Russell Wilson Net Worth.
Derek Carr Net Worth
Derek Carr, the accomplished quarterback currently showcasing his skills for the New Orleans Saints, commands an estimable net worth ranging between $80 and $85 million. This substantial wealth is primarily attributed to his prosperous NFL career, augmented by lucrative endorsement agreements and judicious investment choices.
| Name | Derek Carr |
| Net Worth (2024) | $85 Million |
| Profession | American football quarterback |
| Monthly Income | $0.5 Million + |
| Yearly Income | $7 Million + |
| Current team | New Orleans Saints (#4 / Quarterback) |
| Dates joined | 2023 (New Orleans Saints), 21 May 2014 (Las Vegas Raiders) |
| NFL Draft | 2014 / Round: 2 / Pick: 36 |
| Last Updated | 2024 |
Derek Carr Career Earnings and Salary
| Year | Salary | Signing bonus | Roster bonus | Workout bonus | Incentive | Earnings |
| 2014 | $420,000 | $2,226,764 | – | – | – | $2,646,764 |
| 2015 | $664,173 | – | – | – | $116,318 | $780,491 |
| 2016 | $733,346 | – | $150,000 | $25,000 | – | $908,346 |
| 2017 | $5,000,000 | $12,500,000 | $7,650,000 | $25,000 | – | $25,175,000 |
| 2018 | $7,400,000 | – | $15,000,000 | $100,000 | – | $22,500,000 |
| 2019 | $19,900,000 | – | – | $100,000 | – | $20,000,000 |
| 2020 | $18,900,000 | – | – | $100,000 | $30,794 | $19,030,794 |
| 2021 | $19,525,000 | – | – | $100,000 | – | $19,625,000 |
| 2022 | $17,400,000 | $7,500,000 | – | $100,000 | – | $25,000,000 |
| 9 Seasons | $89,942,519 | $22,226,764 | $22,800,000 | $550,000 | $147,112 | $135,666,395 |
Derek Carr Current Contract
The lion’s share of Carr’s financial portfolio stems from his substantial NFL contracts. Having inked multiple lucrative deals throughout his career, he presently holds a noteworthy four-year, $150 million contract with the Saints. This contract encompasses a substantial $28.5 million signing bonus, an average annual salary of $37.5 million, and a guaranteed sum of $100 million, positioning him among the league’s highest-paid quarterbacks.
| CONTRACT TERMS: 3 yr(s) / $121,500,000 | SIGNING BONUS: $7,500,000 | AVERAGE SALARY: $40,500,000 | GTD AT SIGN: $24,877,519 | TOTAL GTD: $65,277,519 | FREE AGENT: 2026 / UFA |
| Year | 2023 | 2024 | 2025 |
| Age | 32 | 33 | 34 |
| Base salary | $32,900,000 | $41,900,000 | $41,200,000 |
| Signing | $1,875,000 | $1,875,000 | $1,875,000 |
| Workout | $100,000 | $100,000 | $100,000 |
| Cap hit | $34,875,000 | $43,875,000 | $43,175,000 |
| Dead cap | $5,625,000 | $3,750,000 | $1,875,000 |
| Yearly cash | $33,000,000 ($58,000,000) | $42,000,000 ($100,000,000) | $41,300,000 ($141,300,000) |
He has signed his first contract for $5.37 million with a $2.2 million signing bonus. And recently signed a contract with the same team for $121.5 million for three years. He makes his primary income from signing a contract with a professional football team. He made a net worth of $85 million in 2024 and made millions of dollars on an annual basis from his football career.
Advertisement
Endorsements: In addition to his NFL earnings, Carr bolsters his income through diverse endorsement partnerships. Aligning with esteemed brands such as EECU, Oofos, Panini, and Valley Children’s Healthcare, he secures additional financial gains. While specific figures for endorsement earnings remain private, estimates suggest an annual contribution of around $3 million.
Investments: Though the specifics of Carr’s investment portfolio are undisclosed, it is reasonable to infer that a portion of his wealth is strategically invested across various assets. This diversified approach likely plays a role in sustaining his overall financial stability and continual wealth accumulation.
Career Earnings: Across his NFL tenure, Carr’s cumulative earnings from contracts alone stand at a remarkable $240 million. This impressive sum, coupled with earnings from endorsements and potential investments, cements his status as not only a highly accomplished athlete but also a shrewd businessman.
Derek CarrNet Worth Growth
| Year | Net Worth (Million) |
|---|---|
| Derek Carr Net Worth in 2024 | $85 Million |
| Derek Carr Net Worth in 2023 | $78 Million |
| Derek Carr Net Worth in 2022 | $71 Million |
| Derek Carr Net Worth in 2021 | $65 Million |
| Derek Carr Net Worth in 2020 | $60 Million |
| Derek Carr Net Worth in 2019 | $55 Million |
Conclusion
Derek Carr, the dynamic quarterback hailing from Fresno State, has embarked on a riveting yet tumultuous journey throughout his NFL career. His professional narrative is a rich tapestry interwoven with strands of exceptional talent, heart-wrenching defeats, and unyielding resilience.
Since his drafted by the Raiders in 2014, Carr found himself thrust into the limelight. Swiftly establishing himself as a young and charismatic leader, he showcased a powerful arm and a profound understanding of the game. Under his guidance, the Raiders emerged from a decade-long slump, making a triumphant return to the playoffs in 2016.
However, success proved elusive. Injuries, coaching upheavals, and a revolving door of offensive personnel impeded Carr’s growth and obstructed the Raiders’ forward momentum. Despite amassing over 35,000 yards and 217 touchdowns in his nine seasons with the franchise, Carr found it challenging to escape the looming shadows of quarterbacking legends like Ken Stabler and Jim Plunkett.
Derek Carr Social Media Accounts
| Almost 855K Followers | Check Out | |
| Almost 515K Followers | Check Out | |
| Almost 425K Followers | Check Out | |
| YouTube | Almost 65.K Subscribers | Check Out |
| N/A | Check Out | |
| N/A | Check Out |
FAQs
What is the net worth of Derek Carr?
Derek Carr's total net worth is around $85 Million.
How much does Derek Carr make annually?
Derek Carr earns an estimated salary of $5 Million per Year.
What is earning of Derek Carr through his 4-year contract?
Derek Carr earns through his 4-year contract $150,000,000.
How old is Derek Carr?
Currently, Derek Carr is 32 years old (28 March 1991).
What is the height of Derek Carr?
The height of Derek Carr is 1.91m. (6’ 3”).
What is the name of Derek Carr’s wife?
Derek Carr was married to Heather Neel (m. 2012).
Recommended: