What is Derek Carr’s Net worth in 2023?

Derek Carr
Derek Carr


Born in Bakersfield, California, Derek Carr is an American football player. Presently, he serves as the quarterback for the New Orleans Saints of the National Football League. Before joining the Saints, Carr played for the Oakland Raiders. His professional football journey in the NFL began when the Raiders picked him in the second round of the 2014 NFL draft.


Derek Dallas Carr, also known as Derek Carr was born on 28 March 1991. He started playing high school football at Clements High School in Sugar Land, Texas. After relocating to Bakersfield, California he attended Bakersfield Christian High School and continued playing football for the BCHS. For his exceptional performance in high school, he was titled the National Player of the Year by the National Private Schools Athletic Association. He continued his college football career at California State University, Fresno. In 2013, Carr secured the CFPA Elite QB award for his outstanding performance over three years at Fresno State.


Carr began his professional career with the Raiders, signing a rookie four-year deal worth 5.37 million with them. He concluded his time with the Raiders as the franchise’s all-time leader in pass completions, passing yards and fourth-quarter comeback. Despite securing numerous franchise records for the Raiders, due to his relatively poor performance in 2022, he was traded to the New Orleans Saints. He signed a massive 4-year contract worth $150 million with the Saints.


NameDerek Dallas Carr
Net WorthApprox. $80-$85 million
Age32 years (Born 28 March 1991)
ResidenceLas Vegas
Marital StatusMarried
PartnerHeather Neel
Source of WealthNFL Player, Endorsement deals
Salary$37,500,000
EndorsementsNike, Panini, Haute Living, Anchor
Endorsements EarningsApprox. $3 Million
PhilanthropyValley Children's Healthcare


Derek Carr Net Worth

Derek Carr’s estimated net worth is between $80- $85 million according to the numerous online sources. The primary contributing factor to his net worth is the massive NFL contracts he has signed so far. Currently, he signed a 4-years contract with the Saints valued at $150 million. The contract includes a signing bonus amount of $ 28,500,000, an average annual salary of $ 37,500,000 and a guaranteed amount of $ 100,000,000. Undoubtedly, Carr is one of the highest paid quarterbacks in the NFL. Various online sources claim that he makes approximately $3 million out of his endorsement deals with the reputed brands.


Derek Carr’s Career Earnings

Derek Carr has earned approximately $ 165,666,395 over his ten NFL Seasons. The breakdown of his career earnings is given below:


YEARTEAMSALARYSIGNING BONUSROSTER BONUSWORKOUT BONUSINCENTIVEEARNINGS
2014Raiders$420,000$2,226,764---$2,646,764
2015Raiders$664,173---$116,318$780,491
2016Raiders$733,346-$150,000$25,000-$908,346
2017Raiders$5,000,000$12,500,000$7,650,000$25,000-$25,175,000
2018Raiders$7,400,000-$15,000,000$100,000-$22,500,000
2019Raiders$19,900,000--$100,000-$20,000,000
2020Raiders$18,900,000--$100,000$30,794$19,030,794
2021Raiders$19,525,000--$100,000-$19,625,000
2022Raiders$17,400,000$7,500,000-$100,000-$25,000,000
2023Saints$1,500,000$28,500,000---$30,000,000
10 seasons$91,442,519$50,726,764$22,800,000$550,000$147,112$165,666,395


Derek Carr’s Endorsements

Carr’s name has been associated with renowned brands such as Nike, Panini, Anchor, Oofos and Haute Living. These brands understand his significance and if he continues to perform well in the current season, he can anticipate securing endorsement deals with more brands.


Derek Carr’s Investment

Like many other NFL players, Carr has invested in business ventures. He is an investor and the brand ambassador of Oofos, a footwear brand. He also sponsors Carr Elites, DC4 clothing and Panini. However, the terms of the deals are not disclosed.


Derek Carr’s Charity

Carr has extended a helping hand towards the Valley Children’s Hospital. It is one of the largest hospitals in the nation that works toward the well-being of children and provides healthcare services to them regardless of their ability to pay. It aims to improve the health and well-being of children from before birth to adulthood. His association with the hospital is a small effort to give back to the community and support its mission.


FAQs

Q. Who are Derek Carr’s parents?

A. Derek Carr is the son of Rodger Carr and Sheryl Carr.

Q. Why does Derek Carr wear jersey number 4?

A. Derrick Carr wears jersey number 4 as a tribute to his favorite NFL player, Brett Favre.

Q. Does Derek Carr have children?

A. Yes, Derek Carr and his wife Heather Neel have 4 children together named Brooklyn Carr, Deakon Derek Carr, Deker Luke and Dallas Carr.

Q. How tall is Derek Carr and how much does he weigh?

A. Derek Carr’s recorded height is 6 feet 3 inches or 1.91 Meters and he weighs around 215 lb or 98 kg.

Q. What is the value of Derek Carr’s highest contract?

A. Carr signed his highest 4-year contract with the Orleans Saints which is valued at $150 million, it includes a signing bonus amount of $ 28,500,000, an average annual salary of $ 37,500,000 and a guaranteed amount of $ 100,000,000.

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