Raiders make Derek Carr richest player in NFL history with contract extension

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Oakland Raiders quarterback Derek Carr has agreed to a contract extension that will reportedly make him the highest-paid player in NFL history.

The deal, a five-year extension said to be worth $125million paying him roughly $25m a year, was confirmed by Carr on Twitter after he had played down talk of the agreement being close to completion on Wednesday.

He posted: "Now it's done! 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!!!"

The contract beats out the previous high given to Colts QB Andrew Luck, who gets paid $24.6m per year. Following him are Carson Palmer ($24.35 million), Drew Brees ($24.25 million) and Kirk Cousins ($23.9 million).

Carr has proven his worth since being drafted by the Raiders in 2014, earning back-to-back Pro Bowl selections in 2015 and 2016 and winning 12 of his 15 games last year before his season was ended by a broken fibula suffered in week 16.

In his absence the Raiders faltered in their first playoff appearance since the 2002 season, losing to the Houston Texans 27-14 in the AFC Wild Card Round.

Carr has been cleared to participate in offseason activities and should be able to feature in the 2017 season opener against the Tennessee Titans.