Las Vegas Sun

April 26, 2024

Raiders’ move to Las Vegas will save Derek Carr $8.7M in taxes

Derek Carr

Marcio Jose Sanchez / AP

In this Nov. 27, 2016, photo, Oakland Raiders quarterback Derek Carr celebrates after throwing for a two-point conversion against the Carolina Panthers in Oakland, Calif.

On Friday, the Raiders owe Derek Carr the first money from his new $125 million deal — a check for the first 10 percent ($12.5 million). Combined with an already earned roster bonus of $7.5 million, due in September, and a $5 million salary, Carr will make $25 million total this season.

While NFL players always desire upfront, guaranteed money, Carr's deal presented a unique opportunity to backload the contract, with the Raiders moving from California, the highest income tax state, to Nevada, a state with no income tax, by 2019 at the earliest.

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