The Las Vegas Raiders have released Derek Carr before $40.4 million in his contract became guaranteed. Carr is expected to draw interest from the New Orleans Saints, Carolina Panthers and others.
The Raiders clear $29.25 million in cap space in 2023 with the move as they now project to have approximately $50 million in space.
Carr was a second round pick by the Raiders out of Fresno State in 2014. Carr was a four-time Pro Bowler with the Raiders.