The Raiders will gain nearly $20 million in additional cap space as the offseason calendar rolls into June. The Raiders’ $19.7 million in cap savings due to post-June 1 cuts leads the NFL in that category, per PFF’s Ari Meirov.
When the Raiders hired head coach Josh McDaniels and general manager Dave Ziegler, among their first roster moves as leaders of the new regime were to clear up much-needed cap space. Former Raiders LB Cory Littleton was released by Ziegler and McDaniels with a post-June 1 designation, resulting in $11.75 million in cap savings.
Former DE Carl Nassib was also released with a post-June 1 designation, and his release freed up an additional $8 million for the Raiders.
Post-June 1 cut designations are a function of the NFL’s contract process that has been negotiated through the league’s collective bargaining agreement. Players are available to hit the open market and negotiate new contracts earlier in the offseason process as opposed to being stuck on their respective teams’ rosters until June. In the past, that would leave veterans out in the cold, as many teams would flesh out their rosters well before premium players became available in the summer.
The Raiders’ additional cap flexibility could lead to additional signings throughout the summer and into training camp. If the Raiders opt to not spend their additional cap space, the team could have the option to rollover cap space into the 2023 season.
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