HENDERSON, Nev. -- Derek Carr will not waive his no-trade clause and will not extend Wednesday's deadline for more than $40 million in contract guarantees to kick in, sources confirmed to ESPN on Sunday.
The Las Vegas Raiders may release the nine-year veteran quarterback as soon as Monday, the sources said, as only one team was interested in a trade and wanted Carr to take a pay cut.
Carr, who turns 32 on March 28, visited with the New Orleans Saints last week,
If Carr is released by Las Vegas, he would then have a month's head start to begin negotiations and sign with any team of his choosing as other free-agent quarterbacks cannot officially do so until the start of the new league year on March 15.