Tag: Raiders cap space

Raiders have among most 2023 offseason resources in NFL

Combining cap space and draft capital, few teams are better set up this offseason than the Raiders

Much of the Raider Nation is currently arguing over what area should take priority for the Raiders this offseason. They do have a lot of needs, so there is much to debate. The good news is it may not matter what they prioritize because they are set to have a lot to work with in order to stock the team with talent.

Pro Football Focus set about compiling what each NFL team has to work with this offseason. To do that they combined cap space available, draft selections, and prorated money.

The Raiders came in fourth in the league in that regard.

The Raiders currently have over $34 million in cap space. That number will almost double when they trade or cut Derek Carr. He will add nearly $30 million to their available cap. That would put them in the top three in cap space in the league behind only the Bears and Falcons.

In addition, the Raiders currently have 11 draft picks. And if they are able to trade Carr, that number could go up. Currently they have picks in each round with three picks in round five and two picks in rounds six and seven.

So, it’s not hard to see why the Raiders have among the most resources in the league this offseason. And depending on what they are able to get for Carr, they could jump up this list in short order.

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Raiders head into free agency with seventh-most cap space in NFL

A few moves by the Raiders has moved them among the most cap space in NFL heading into free agency

A series of moves by the Raiders and around the league have put them in a fairly decent spot heading into the free agency negotiating period.

The team currently sits with just over $30 million in cap space under the $208 million salary cap, which lands them at seventh in the NFL according to Overthecap.com.

The teams ahead of them are:

Colts $69.8M
Jets $48.5M
Dolphins $48M
Seahawks $46.3M
Jaguars $39.6M
Bengals $34.5

The recent moves the Raiders made to clear up some cap room were to restructure the contracts of LT Kolton Miller and RB Kenyan Drake, which freed up a combined $14 million in cap room.

For a moment, that put them at around $35 million in cap room, but the extension given to DE Maxx Crosby brought it back down to $30 million. But that’s still better than where it was last week.

More moves are expected, including the release of LB Cory Littleton, which will free up at least $1.76 million. Should they opt for a post-June 1st cut, they would save a lot more, but wouldn’t see that come off of their cap until June 1st, so it can’t work for them at the start of free agency.

You can see other possible Raiders cuts here.

As it stands, $30 million is enough to sign as many as two big splash free agents as well as a handful of lesser names, should the Raiders choose to do so and should any big free agents sign on.

Their top needs are wide receiver, offensive tackle, cornerback, and defensive tackle. If the Raiders spend big, it will likely be at one of those positions.

Other positions that could see an addition include guard, center, and linebacker.

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