According to the NFL Network, it is worth just over $5.3 million over four years.
“I feel great,” Carr said in a team-issued release. “I’m excited. I’m excited that this part of it is over and now we can just get to work and focus on winning games and getting better every day.”
The 6-foot-3, 214-pound Carr, who passed for 5,082 yards with 50 touchdowns and eight interceptions last year for the Bulldogs, is slated to sit behind starter Matt Schaub for at least a year. The two do have a history, so to speak, as Schaub replaced Carr’s older brother David with the Houston Texans and, if all goes according to the Raiders’ plan, Carr will one day supplant Schaub in Oakland. The Raiders hope for an Aaron Rodgers-waiting-in-the-wings-behind-Brett Favre scenario.
Carr is the fifth of the Raiders' eight draft picks to sign, joining first-round linebacker Khalil Mack and the three seventh-rounders, cornerback T.J. Carrie, defensive end Shelby Harris and safety Jonathan Dowling.