Raiders’ Move to Las Vegas will Save Derek Carr $8.7 Million in Taxes

By Darren Rovell, ESPN Senior Writer

On Friday, the Raiders owe Derek Carr the first money from his new $125 million deal — a check for the first 10 percent ($12.5 million).

Combined with an already earned roster bonus of $7.5 million, due in September, and a $5 million salary, Carr will make $25 million total this season.

All told, Carr is guaranteed $40 million in the first nine months of the deal.

While NFL players always desire upfront, guaranteed money, Carr’s deal presented a unique opportunity to backload the contract, with the Raiders moving from California, the highest income tax state, to Nevada, a state with no income tax, by 2019 at the earliest.

To read the full article, please visit: http://www.espn.com/nfl/story/_/id/19845375/the-oakland-raiders-moving-las-vegas-save-quarterback-derek-carr-upwards-87-million-taxes-2017-nfl