Report: Derek Carr has been released by Raiders

Derek Carr is free.

The Las Vegas Raiders informed the quarterback that he has been released from his contract, making him a free agent immediately, ESPN reported Tuesday. He can begin negotiating with teams immediately.

The Raiders were forced to release him Tuesday before $40.4 million in his contract became guaranteed on Wednesday.

By cutting him, the Raiders free up $29.3 million in cap space and it takes them off