Derek Carr is now the NFL's highest paid player. The Raiders quarterback agreed on terms of a five-year, $125 million contract extension on Thursday morning, keeping the franchise's public face in silver and black for a long time.
Carr confirmed the agreement on Twitter early Thursday.
"Now it's done!" Carr wrote. "From the jump I've wanted to be a Raider 4 life. One step closer to that! Blessed!!! Business done! Let's just play now!!!"
Carr's deal resets the quarterback market, with an annual value above Andrew Luck's previous record extension.
The Raiders were always confident the Carr extension would get done this offseason, and the deal was finalized well before the quarterback's self-imposed training camp deadline.