CINCINNATI, OHIO - JANUARY 15: Derek Carr #4 of the Las Vegas Raiders drops back to pass in the first quarter against the Cincinnati Bengals during the AFC Wild Card playoff game at Paul Brown Stadium on January 15, 2022 in Cincinnati, Ohio.

Report: Raiders prepared to offer Carr extension

Dylan Buell / Getty Images Sport / Getty

The Las Vegas Raiders are prepared to discuss a contract extension with quarterback Derek Carr to keep him with the club for the foreseeable future, sources told NFL Network's Ian Rapoport.

Carr, 30, is entering the final campaign of a five-year, $125-million contract. He's set to earn $19.7 million next season with a $22.1-million cap hit, according to Spotrac.

The three-time Pro Bowler's future with the franchise reportedly hinged on the hirings of a new head coach and general manager. Las Vegas hired Carr's reported top choice for head coach - Josh McDaniels - in January. Under new general manager Dave Ziegler, the Raiders appear ready to re-commit to the veteran signal-caller.

Carr could be a candidate for a short-term contract after receiving a near-market deal in 2017.

The native of California led the Raiders to a 10-7 mark this past season, tallying 4,804 passing yards and 23 touchdowns while completing 68% of his pass attempts in his eighth NFL campaign.

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