What is Derek Carr’s Net worth in 2024?

Last Modified Nov 27, 2024 06:23 GMT
Derek Carr Net Worth 2024
Derek Carr during Denver Broncos v New Orleans Saints

Derek Carr has a net worth of USD 80 million as of November 2024 (via Celebrity Net Worth).

Born in Bakersfield, California, Derek Carr is an American football player. As of October 2024, he serves as the quarterback for the New Orleans Saints of the National Football League. Before joining the Saints, Carr played for the Las Vegas (formerly Oakland) Raiders. His professional football journey in the NFL began when the Raiders picked him in the second round of the 2014 NFL draft with the 36th pick. 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 in 2023. He signed a massive 4-year contract worth $150 million with the Saints.

NameDerek Dallas Carr
Net WorthApprox. $80 million
Age33 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 Earnings$3 Million
PhilanthropyValley Children's Healthcare

Derek Carr's Net Worth

Derek Carr Net Worth 2024
Derek Carr during New Orleans Saints v Carolina Panthers

Derek Carr’s estimated net worth is around $80 million according to Celebrity Net Worth. The primary contributing factor to his net worth is the massive NFL contracts he has signed so far. He signed a 4-years contract with the Saints valued at $150 million in 2023. 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. According to Forbes, he makes approximately $3 million out of his endorsement deals with reputed brands.

Derek Carr’s Career Earnings

Derek Carr has earned approximately $195,666,395 over his ten NFL Seasons according to Spotrac. 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
2024Saints $30,000,000
10 seasons$91,442,519$50,726,764$22,800,000$550,000$147,112$195,666,395

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 to 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.

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FAQ's on Derek Carr Net Worth 2024

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

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

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

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

A. Carr signed his highest 4-year contract with the Orleans Saints which is valued at $150 million.

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