Derek Carr is joining the $40 million club.
Carr has received a contract extension with the Las Vegas Raiders, keeping the former Fresno State star in the Silver and Black — and with best friend and college teammate Davante Adams.
The deal is reportedly for three years and is worth $121.5 million, according to the NFL Network's Ian Rapoport. The contract, which includes a no-trade clause, breaks down to $40.5 million each of the next three seasons.
He joins Josh Allen of the Bills, Patrick Mahomes of the Chiefs, Dak Prescott of the Cowboys, Matthew Stafford of the Rams and Deshaun Watson of the Browns with $40 million annual deals.
The extension comes on the heels of the Raiders acquiring Adams from the Green Bay Packers on March 17.
Carr led the Raiders to the playoffs last season after a 10-7 finish.
The three-time Pro Bowler completed his eighth season as the Raiders' starting quarterback after being drafted by the team in 2014.
He started the first 47 games of his career, becoming the first Raiders offensive player since 1975 to accomplish that.
He ranks first among Raiders quarterbacks with 31,700 yards, 193 touchdowns, 2,896 completions and 4,456 attempts.
Carr also has 30 game-winning drives.
He was selected in the second round (36th overall) by the Raiders in the 2014 NFL draft.
