The Raiders quarterback is progressing toward a deal that could potentially make him the league's first $25 million man, as NFL Network Insider Ian Rapoport reported earlier this month, but there is nothing official yet. The Raiders and Carr "are in a good place" and hope to have a deal to report before training camp, per Rapoport.
Carr himself took to Twitter to say there's no deal just a few minutes after ESPN reported that Carr and the Raiders were "close to finalizing" an extension.
This was an inevitable development at some point this summer. While negotiations initally might not have moved as quickly as Carr had hoped, the Raiders were never going to jeopardize a move into a new market without the assistance of a superstar franchise quarterback.
The 26-year-old two-time Pro Bowler, who threw 28 touchdowns and six interceptions last year before breaking his leg on the cusp of the playoffs, is one of the brightest young arms in the league and up until now, has been a bargain. He's currently on the books for a $977,519 base salary in 2017 -- the tail end of his rookie contract.