Derek Carr has a net worth of $80 million. Derek Carr is one of the NFL’s most prolific and well-paid quarterbacks.
He has been playing in the league since 2014 when he was drafted by the Las Vegas Raiders (then Oakland Raiders) in the second round.
He spent nine seasons with the Raiders, breaking several franchise records and earning three Pro Bowl selections.
In March 2023, he signed a blockbuster deal with the New Orleans Saints, joining forces with his former college teammate and star receiver Davante Adams.
What are his sources of income and how does he spend his money?
In this article, we will explore Derek Carr’s net worth, salary, endorsements, lifestyle, and more.
Derek Carr’s Net Worth
Derek Carr has a net worth of $80 million as of 2023.
Most of his wealth comes from his football career, as he has earned over $200 million in total career earnings.
He also has endorsement deals with several brands, such as EECU, Oofos, Panini, and Valley Children’s Healthcare.
Derek Carr’s Salary
Derek Carr is one of the highest-paid quarterbacks in the NFL.
He signed a five-year, $125 million contract extension with the Raiders in 2017, making him the first player in NFL history to average $25 million per year.
In April 2023, he signed a three-year, $121 million contract extension with the Saints, which guarantees him $40 million if he remains with the team or agrees to a trade before February.
His annual salary for the 2023 season is $40.5 million6, which ranks second among all NFL players behind Patrick Mahomes.
Derek Carr’s Endorsements
Derek Carr has been a spokesperson for several brands and products throughout his career.
He has appeared in commercials for:
- EECU, a credit union based in Fresno, California,
- Oofos, a footwear company that specializes in recovery shoes,
- Panini, a trading card company that produces NFL cards,
- Valley Children’s Healthcare is a pediatric healthcare network that serves Central California.
He also has a partnership with Nike, which provides him with his football gear and apparel.
Derek Carr’s Lifestyle
Derek Carr lives a lavish lifestyle with his wife Heather and their four children: Dallas, Deker, Deakon, and Deklyn.
They reside in a luxurious mansion in Las Vegas, Nevada, which they bought for $3.6 million in 2019.
The property features six bedrooms, eight bathrooms, a pool, a spa, a wine cellar, a home theater, and a four-car garage.
Derek Carr is also known for his philanthropic efforts and his strong Christian faith.
He has donated to various causes and organizations, such as
- Valley Children’s Healthcare,
- St. Jude Children’s Research Hospital,
- Convoy of Hope.
He also has two tattoos on his wrists that represent his beliefs: one is a Chi Rho symbol that signifies Christ as the beginning and end, and the other is a reference to Jeremiah 29:11, which reads “For I know the plans I have for you,” declares the Lord”.
Conclusion
Derek Carr is one of the NFL’s most successful and wealthy quarterbacks.
He has amassed a net worth of $80 million from his football career and endorsement deals.
Derek also lives a lavish lifestyle with his family in Las Vegas and supports various charitable causes.
He is currently playing for the New Orleans Saints, hoping to win his first Super Bowl ring.
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