Derek Carr has hit the open market.
The Raiders have cut the veteran quarterback, as expected. They would have owed him just over $40 million in guaranteed money — his entire 2023 salary and a portion of his 2024 salary — had he been on the roster after 4 p.m. Tuesday. And a trade was never going to happen for myriad reasons, chiefly Carr’s no-trade clause, the aforementioned contract complications and the fact the Raiders had no leverage after deciding to abruptly move on from him late last season.
So now Carr is a free agent.