The Oakland Raiders have signed quarterback Derek Carr to the richest average salary contract in the history of the NFL.
Per Ian Rapoport, the two sides agreed to a a five-year, $125 million extension, giving Carr the highest average salary at $25 million.
The 26-year-old, two-time Pro Bowler was a leading candidate in the 2016 MVP race before breaking his leg on Christmas Eve. Carr has thrown for 11,194 yards, 81 touchdowns and 31 interceptions in three seasons.
Carr's current rookie contract was slated to pay him less than $1 million in base salary this year.
Indianapolis Colts gunslinger Andrew Luck was the NFL's highest-paid player with an average salary of $24.6 million. Next in line was Arizona Cardinals QB Carson Palmer at $24.35 million per season.
In terms of total contract value, Luck is the league-leader at $140 million while former Detroit Lions receiver Calvin Johnson previously signed an eight-year, $132 million contract in 2014. The third-biggest? Michael Vick's ten-year, $130 million contract from 2004. Then comes Jay Cutler ($126.7 million), Colin Kaepernick ($126 million) and then Carr.
Per NFL.com, the NFL may now see a windfall of quarterback deals that could include and in Washington. Carr's deal provided an ideal launching pad for player agents looking to create the framework of new extensions. With each passing cycle, no quarterback wants to be viewed as second-best. It seems the salaries will only get richer and richer.