Sources: Raiders QB Derek Carr won't waive no-trade clause

HENDERSON, Nev. -- Derek Carr will not waive his no-trade clause and will not extend Wednesday's deadline for more than $40 million in guarantees to kick in on his current contract, sources confirmed to ESPN on Sunday.

The Las Vegas Raiders may release the nine-year veteran quarterback as soon as Monday, the sources said, as only one team was interested in a trade, and it wanted Carr to take a pay cut.

Carr, who turns 32 on March 28, visited with the New Orleans Saints last week.

If Carr is released by Las Vegas, he would then have a month's head start to begin negotiations and sign with any team of his choosing; other free agent quarterbacks cannot officially do so until the start of the new…