Latest On Raiders’ Extension Plans

The Raiders have been able to stockpile veteran UFAs in recent years because of a lack of homegrown extensions on their payroll. But they will soon need to cut back on offseason spending because of two stars becoming extension-eligible. And Reggie McKenzie doesn’t appear to be inclined to wait on what figure to be the two most expensive extensions in Raiders history.

Derek Carr will enter a contract year without a fifth-year option safety net, while Khalil Mack can be controlled on his rookie deal through 2018 because of that clause in the former first-rounder’s pact. McKenzie wants both players to be locked up to long-term contracts by the end of next season.

“The good thing is we do have time, but I’m not the type to wait until the last minute,” McKenzie said, via Jerry McDonald of the San Jose Mercury News. “Those two guys are not only great players, but they’re great men and they are true Raiders and I want to make sure we do the best that we can to make sure they stay Raiders.

“A quarterback is going to command a high dollar. Khalil is going to command a high dollar. We’ll work around it, but we don’t feel at this point threatened by it.”

The Raiders stand to possess more than $46MM in cap space this year. They shouldn’t be as active in free agency compared to last year as a result of these looming deals, McKenzie acknowledged, and the Carr accord figures to be one of the more scrutinized negotiations this summer.

Carr is set to make just more than $977K in base salary this season, so he could add an extra year of franchise-quarterback money by signing before his walk year, a la Russell Wilson. The 2014 second-rounder’s worth became painfully obvious after he went down in Week 16, with the Raiders ending their season with two one-sided defeats. Carr figures to be in position to command a deal well north of $20MM per year, seeing as he’ll be 26 in March and the Raiders having not employed a young franchise-caliber quarterback since probably Ken Stabler. Andrew Luck‘s five-year, $122MM agreement could be in sight.

Mack will count $5.942MM toward Oakland’s cap in 2017; that’s the 10th-highest cap figure on a payroll that features UFA signings representing its nine highest salaries. The Raiders will have an incredibly easy decision when choosing to exercise Mack’s fifth-year option worth approximately $13.7MM. A defensive player of the year candidate, Mack could target Von Miller‘s $19MM-AAV threshold and become the league’s first $20MM-per-year defender. The cap’s continued rise, and Mack being two years younger than Miller, point to him potentially raising the standard.

McKenzie’s language dictates the superstar pass-rusher probably won’t have to wait until after his fifth season to receive his landmark extension like Miller did.