The NFL star Derek Carr has wangled his way to the top, hence becoming one of the highest-earning football players in the world, crafting an impressive net worth in the process. The quarterback turned pro when the Oakland Raiders chose him in 2014. He was selected in the second round in the 36th pick. Since then, Derek has been showing outstanding performances and is a three-time Pro Bowler. In 2013, he won the Sammy Baugh Trophy.
The success that is now commonplace in Derek Carr’s life is not limited to his on-field exploits. Off the pitch, he is also in a loving marriage with Heather Neel, completing the puzzle for a happy life for the footballer.
Derek Carr Has a $20 Million Net Worth
Derek Carr’s impressive high school performances made an appearance in the NFL a sure bet. And even though he had to bridge that journey with four years in college, he achieved the milestone in 2014, following his second-round draft by the Oakland Raiders. In that time, his profile has a player has grown, and so has his wealth. The Fresno-born quarterback now has a net worth of $20 million, thanks to lucrative contracts and brand endorsements.
Derek is one of the NFL’s Highest-Paid Players
Derek’s first contract as an NFL player was a four-year $5.371 million deal with the Oakland Raiders. The contract gave him $2.2 million in signing bonus, $150,000 in workout bonus, $116,318 in incentivized bonus and a base salary of $429,000. By all means, it was a decent contract for a rookie in the NFL. In his first year, he earned $2.6 million and earned a subsequent $780,491 and $908,346 in his third year.
In 2017, Derek Carr had proven to be worth a more considerable investment, thanks to several impressive performances. Thus, he signed a much larger contract, worth $125 million across five years with the Las Vegas team. Derek got a $12.5 million signing bonus, along with a $7.65 million roster bonus and a $25,000 workout bonus. In 2017, he had a total cash income of $25.1 million from his contract alone. Between 2018 and 2019, Derek Carr has earned a further $42.5 million, pushing his net worth into seven figures.
The quarterback still has plenty of years to go as a player in the NFL, but so far, according to Spotrac, he has earned more than $72 million since he joined the league in 2014.
Substantial Brand Endorsements buoy his Net Worth
You don’t reach the height Derek Carr has gotten to as a professional football player without earning sizeable amounts of money through brand endorsements. And if his 2018 financial earnings are anything to go by, the football player’s endorsement income runs into millions. According to Forbes, the player recorded $2 million in endorsements in 2018.
Some of his brand partnerships include Nike, California’s Educational Employees Credit Union. He also has a deal with Panini. Unfortunately, the exactly yearly revenue from each brand partnership is unknown. But, with a net worth of $20 million and $2 million in endorsement income in 2018, when he had comparably lower marketing clout, it is undoubtedly substantial.
Aside from endorsements, Derek Carr’s net worth also comes from personal ventures like his own YouTube channel. He and his brother, David, a former NFL player, also have an athletic training facility named Carr Elite.
How Derek Carr Spends His Net Worth
Having a $20 million net worth gives Derek Carr a spending room more spacious than most. So far, the Oakland Raiders quarterback has filed that room with a range of luxuries from cars, a mansion, and philanthropy. According to International Business Times, the NFL player has an impressive car collection that includes luxury brands like Audi, Mercedes, and Porsche. One of them, an Audi R8, reportedly set him back, $160,000. Beyond that, he owns a mansion in Las Vegas, besides his coach, Jon Gruden. The exact cost of the mansion is unknown. However, considering it is a few miles away from the $2 billion Allegiant Stadium, it undeniably cost a lot of money.
Another way Derek Carr spends his net worth includes philanthropy. The player notably supports Valley’s Children’s Healthcare, and a few other causes. Also, because of his Christian faith, he donates regularly to Oakland churches.
Derek Carr’s Marriage to Heather Neel
The Oakland Raider star man is happily married to a lady named Heather Neel. The amazing lady is originally from Fresno City of Northern California. She had her education at Fresno High School as well as Fresno State University. She used to be a cheerleader while in high school. Heather equally worked as a waitress at BJ’s Brewhouse, and she met her future husband Derek while she was on a shift. They kicked off their relationship while Derek was still playing for Fresno Bulldogs.
Although Derek Carr is known today as a devout Christian, that wasn’t always the case. When the NFL player met Heather Neel, he was a notorious partier. But over the course of his relationship with her, Derek abandoned his wayward ways and clung close to his faith. One particularly turning point was a letter Heather wrote to Derek detailing how essential it was for him to change his ways if he intends for them to be together.
Derek Married Heather in College
As they continued to enjoy a romantic relationship, they decided to seal their love with a nuptial bond while still in college. Derek and Heather walked down the aisle on July 10, 2012. Interestingly, the 2012 and 2013 seasons became the best seasons in Carr’s college career.
One year after their wedding, the couple welcomed their first bundle of joy, a son named Dallas Carr. He was born in August 2013. After his birth, he suffered some medical complications. Dallas went through three surgeries before he regained his full health.
Late last night my wife gave birth to our 3rd son Deakon Derek Carr! They are both completely healthy and doing great! Welcome to the family Deakon!!
— Derek Carr (@derekcarrqb) May 17, 2019
Three years later, their second son Deker Carr was born. The couple gave birth to their third child, another son, on May 16, 2019. He is named Deakon Derek Carr. His name, Deakon, means ‘messenger of the Lord’.