The reason for Derek Carr’s shocking retirement has been revealed following an announcement from the New Orleans Saints and their veteran quarterback. The organization revealed that Carr is calling it quits in a social media post on Saturday,

A debilitating injury may have sparked retirement talks, but it wasn't the only thing weighing on Derek Carr's mind when he made his move.

Both sides gain financially — By retiring, Carr forgoes the $30M guaranteed this season, while the Saints won’t seek reimbursement for the $10M roster bonus and signing bonus. https://t.co/uAyfRErYTZ