Las Vegas Raiders News & Rumors

Minor NFL Transactions: 7/24/24

Wednesday’s minor transactions:

Arizona Cardinals

Atlanta Falcons

Cleveland Browns

Detroit Lions

Green Bay Packers

Indianapolis Colts

Las Vegas Raiders

Minnesota Vikings

New Orleans Saints

Philadelphia Eagles

  • Placed on active/NFI list: T Gottlieb Ayedze, WR Shaquan Davis
  • Placed on active/PUP list: S Sydney Brown

Pittsburgh Steelers

San Francisco 49ers

Seattle Seahawks

Washington Commanders

In New Orleans, Young has officially made the comeback from offseason neck surgery, passing his physical today alongside Olave, who is no stranger to offseason injuries.

Treadwell will join his eighth team in nine years after only making one catch in five games with the Ravens last season.

Brown is working his way back from an ACL tear that he suffered in the final game of his rookie season last year, so it’s no surprise that he will start the offseason on PUP.

Minor NFL Transactions: 7/23/24

Today’s minor moves:

Arizona Cardinals

Atlanta Falcons

  • Signed: OT Julién Davenport

Carolina Panthers

Cincinnati Bengals

Green Bay Packers

Houston Texans

  • Reverted to IR: WR Jared Wayne
  • Released from IR: WR Jaxon Janke

Las Vegas Raiders

Los Angeles Rams

Miami Dolphins

New England Patriots

New York Giants

New York Jets

Philadelphia Eagles

San Francisco 49ers

Seattle Seahawks

Tampa Bay Buccaneers

Tennessee Titans

WR Michael Gallup Retires

After joining the Raiders earlier this offseason, Michael Gallup is apparently calling it a career. The team announced that they’ve placed the wide receiver on the reserve/retired list.

The 2018 third-round pick quickly established himself as a foundational piece in Dallas, finishing his sophomore campaign with 66 catches for 1,107 yards and six touchdowns. Despite the team’s addition of first-round WR CeeDee Lamb in 2020, Gallup still managed to top 800 receiving yards on a depth chart that also featured Amari Cooper.

The trouble started in 2021. Gallup missed the first chunk of the season thanks to a calf injury. He was limited to a then-career-low 12.7 yards per reception that season on 35 catches before suffering a torn ACL in the regular season finale. The organization clearly wasn’t deterred by the injuries, as the front office handed Gallup a five-year, $62.5MM extension before trading Cooper days later.

To Gallup’s credit, he returned for 14 games in 2022, but he clearly wasn’t the same player. While Dak Prescott‘s absence partly played into Gallup’s drop in production, the wide receiver was still limited to only 30 yards per game. He managed to get into all 17 games this past season but his counting stats continued to drop, with the 28-year-old compiling only 34 catches for 418 yards and two scores.

The Cowboys gave Gallup permission to seek a trade earlier this offseason, but the team ultimately decided to cut him before a $4MM salary guarantee was due. The wideout quickly caught on with the Raiders, inking a one-year deal that could be worth up to $3MM. There was some hope that the veteran could soak up the snaps left by Hunter Renfrow, who was cut in March. Indeed, Ed Werder reports that news of Gallup’s retirement came as a surprise to the Raiders. The organization will now have an open competition for the WR3 spot behind Davante Adams and Jakobi Meyers.

RB Kenyan Drake Retires

Kenyan Drake has decided to bring his NFL career to an end. The veteran running back confirmed in a conversation with NFL insider Josina Anderson on Friday that he is retiring.

“It felt like the right time,” the 30-year-old told Anderson. “I love the game, but I don’t love the business. I’m at peace with the decision. I’m healthy and ready to start the next chapter of my life.”

Drake entered the league as a Dolphins third-rounder, and over half of his regular season appearances (and his lone playoff one) came with Miami. He topped 1,000 scrimmage yards in 2018, and did so again the following year while splitting him time between the Dolphins and Cardinals. Drake’s best season came in 2020, his only full campaign in the desert.

That year, the Alabama alum rushed for 955 yards and 10 touchdowns. That success earned him a two-year, $11MM Raiders deal, but his career consisted of a series of short-term gigs from that point onwards. Drake only spent one campaign in Vegas before bouncing around to several teams in search of an opportunity. He had a pair of Ravens stints with Colts and Browns deals mixed in between August 2022 and November of last year.

Drake’s final NFL contract came from the Packers in December, and he made a single appearance down the stretch. His remarks suggest he attempted to find a new deal this offseason (something which a number of veteran backs managed early in free agency), but instead of seeking out a training camp accord or waiting for an opportunity to open up during the fall, he will turn his attention to his post-playing days.

A veteran of 105 combined regular and postseason contests, Drake racked up 5,521 scrimmage yards and 41 touchdowns across his eight years in the league. He will depart the NFL with nearly $26MM in career earnings.

Davante Adams Notes: Packers Departure, Carr, Rodgers

Davante Adams has been at the center of trade speculation throughout the offseason, although he and his agents have attempted to shoot down further rumors on that front. More has nevertheless recently been learned about the All-Pro Raiders wideout, including his arrival in Vegas and his outlook on a hypothetical trade to a third career team.

During an appearance on Keyshawn Johnson’s All Facts No Brakes podcast, Adams touched on the lead-up to his Packers departure (video link). He said he approached Green Bay’s front office about working out an extension in the 2022 offseason as he was approaching his walk year. Uncertainty loomed over Aaron Rodgers‘ future with the franchise, but Adams was prepared to sign a long-term deal regardless.

The 31-year-old said he received an offer averaging $17MM per season – a figure notably below market value for the league’s top receivers, especially in the wake of the commitments made at the position over the past two seasons. Adams replied there was “nothing to talk about” after that point, and in March he was traded to the Raiders. That deal allowed him to reunite with former college teammate Derek Carr.

Adams confirmed during an episode of Netflix’s Receiver series (via Vic Tafur of The Athletic) Carr’s presence was a central element in his desire to play for the Raiders. Of course, the veteran passer only remained in Vegas for 2022 before being released and joining the Saints in free agency. Jimmy Garoppolo served as the Raiders’ starter last year before dealing with injuries and being benched – something Adams approved of and tied his future in the organization to.

Vegas decision-makers have repeatedly made it clear no Adams trade is being considered at this time, but Rodgers’ recent comment about anticipating a reunion has led to renewed questions. The former doubled down on his commitment to Vegas while also acknowledging a trade could send him out of Sin City. In the event that were to take place, Adams would welcome the opportunity to resume playing with Rodgers.

“I’m locked in with the Raiders, and I really feel good about this team, and as far as I know they feel good about me,” the six-time Pro Bowler told Shannon Sharpe on his Club Shay podcast (video link). “If that ever changes, if that got to a point where they weren’t feeling the same way, I ain’t done playing, so obviously we would figure out whatever we needed to figure out.”

Adams added, “if I’m gonna be reunited with anybody, it would be Aaron,” confirming he would be open to playing on the Jets in the future (while repeating that it is not a scenario he currently desires). Three years remain on Adams’ contract, but an adjustment will likely be needed after the 2024 campaign given his projected cap hits and the absence of guaranteed salaries in 2025 and ’26. Plenty could change by that point, but for now he is set to play a third Raiders campaign.

The NFL’s Eight-Figure Dead Money Hits For 2024

The NFL moved into new territory this offseason, with one Broncos decision creating a staggering gap between the most costly dead money hits and No. 2 on the all-time list. Beyond Denver’s Russell Wilson release, other teams are taking on notable dead cap hits in 2024. Here are the players who will account for more than $10MM in dead money on teams’ payrolls this year.

  1. Russell Wilson, QB (Broncos): $53MM
  2. Stefon Diggs, WR (Bills): $31.1MM
  3. Kirk Cousins, QB (Vikings): $28.5MM
  4. Haason Reddick, EDGE (Eagles) $21.52MM
  5. Jamal Adams, S (Seahawks) $20.83MM
  6. J.C. Jackson, CB (Chargers): $20.83MM
  7. David Bakhtiari, T (Packers): $18.15MM
  8. Danielle Hunter, EDGE (Vikings): $14.91MM
  9. Carlton Davis, CB (Buccaneers) $14.1MM
  10. Andrus Peat, OL (Saints): $13.64MM
  11. Kevin Byard, S (Titans): $13.36MM
  12. Mike Williams, WR (Chargers): $12.46MM
  13. Aaron Jones, RB (Packers): $12.36MM
  14. Chandler Jones, EDGE (Raiders): $12.27MM
  15. Mike Evans, WR (Buccaneers): $12.19MM
  16. Keenan Allen, WR (Chargers): $11.62MM
  17. Xavien Howard, CB (Dolphins): $11.41MM
  18. Michael Thomas, WR (Saints): $11.19MM
  19. Laken Tomlinson, G (Jets): $10.74MM
  20. Leonard Williams, DL (Giants): $10.64MM
  21. Arik Armstead, DL (49ers) $10.31MM
  22. Quandre Diggs, S (Seahawks): $10.26MM
  23. Byron Jones, CB (Dolphins): $10.1MM
  24. Maliek Collins, DT (Texans): $10MM

Months after trading for Wilson, the Broncos gave the decorated quarterback a five-year, $245MM extension. While Wilson offered something of a bounce-back effort from a shockingly mediocre 2022, Sean Payton‘s team still opted to designate him as a post-June 1 cut. Wilson’s $37MM injury guarantee, which the Broncos attempted to move in an effort that led to NFLPA involvement but no grievance, would have resulted in comparable dead money in 2025 had he remained on Denver’s roster on Day 5 of the 2024 league year and then been released next year.

The Broncos will receive a small cap credit — due to Wilson’s veteran minimum Steelers deal — in 2025, but the team will take on more than $83MM in total dead money from the release. This shatters the NFL record for dead money, which the Falcons previously held by trading Matt Ryan ($40.5MM), and the contract will remain on Denver’s books through the 2025 season. The Broncos opted to take on more dead money this year than next, separating this post-June 1 cut from most teams’ strategies.

The Bills’ decision to trade Diggs less than two years after giving him a four-year extension broke the non-QB dead money record. Unlike the Wilson matter, Buffalo will take on the Pro Bowl wide receiver’s full dead cap hit this year. Ditto Green Bay, which passed on a Bakhtiari post-June 1 designation. The Chargers will also be rid of the Allen and Williams responsibilities after 2024. The Seahawks also passed on post-June 1 designations with Adams and Diggs.

New Orleans has Thomas set to count more than $9MM in dead money in 2025 as well due to using the June 1 strategy. The Dolphins are still paying out the Jones contract from a 2023 post-June 1 designation, while Howard’s post-June 1 status will create a $15.7MM dead money penalty in 2025.

Void years created the Vikings’ Cousins cap hit. After attempting to negotiate a fourth contract with the veteran quarterback last year, the parties failing to come to terms resulted in void years being added in a restructure. The Falcons came in much higher than the Vikings were willing to go, guarantee-wise, leading Minnesota to a new QB path and significant Cousins dead money.

The Eagles also included three void years on Reddick’s contract, and the Buccaneers will eat some Evans dead money — despite re-signing the 11th-year wide receiver just before free agency — due to a void year-driven trigger before the latest contract was signed.

AFC West Notes: Broncos, Gallup, Chargers

Rumored to be at an impasse with the Broncos regarding his contract, Courtland Sutton said recently he is not certain he will show for training camp. It should be considered more probable than not the seventh-year wide receiver reports due to the hefty fines (at least $50K per day) that would pile up if he skipped. One sign Sutton is a decent bet to resurface in Denver next week: he attended throwing sessions with Jarrett Stidham and Bo Nix recently. An SMU product who grew up near Houston, Sutton was among the pass catchers in attendance at the Stidham-organized workouts, 9News’ Mike Klis notes.

Sutton showing represents a good sign for Denver fans. Though, the 6-foot-4 target missed nearly the entire offseason program — and time to establish a rapport with the first-round QB — before making a minicamp cameo. Sutton, 28, has angled for a raise. He is tied to a four-year, $60MM deal that runs through 2025. Only $2MM of the former Pro Bowler’s $13MM 2024 base salary is guaranteed, though the rest of it will lock in just before Week 1.

Here is the latest from the AFC West:

Largest 2024 Cap Hits: Defense

As veteran report dates for training camps near, NFL payrolls are largely set. Extension- and trade-related matters remain, but as far as high cap numbers go, the list will not change much between now and Week 1. After we ran down the top cap charges on the offensive side of the ball last week, here are the highest 2024 figures tied to defenders:

  1. Maxx Crosby, EDGE (Raiders): $30.48MM
  2. T.J. Watt, EDGE (Steelers): $30.42MM
  3. Kenny Clark, DL (Packers): $27.49MM
  4. Joey Bosa, EDGE (Chargers): $26.11MM
  5. Khalil Mack, EDGE (Chargers): $25.39MM
  6. Montez Sweat, EDGE (Bears): $25.09MM
  7. Harold Landry, EDGE (Titans): $23.8MM
  8. Jaire Alexander, CB (Packers): $23.49MM
  9. Marlon Humphrey, CB (Ravens): $22.88MM
  10. Tremaine Edmunds, LB (Bears): $22.44MM
  11. Cameron Heyward, DL (Steelers): $22.41MM
  12. Jeffery Simmons, DL (Titans): $21.65MM
  13. Daron Payne, DL (Commanders): $21.61MM
  14. Jonathan Allen, DL (Commanders): $21.44MM
  15. Minkah Fitzpatrick, S (Steelers): $21.36MM
  16. Vita Vea, DL (Buccaneers): $20.97MM
  17. DeMarcus Lawrence, EDGE (Cowboys): $20.46MM
  18. Quinnen Williams, DL (Jets): $20.4MM
  19. Grady Jarrett, DL (Falcons): $20.38MM
  20. Myles Garrett, EDGE (Browns): $20.17MM
  21. Trey Hendrickson, EDGE (Bengals): $20.17MM
  22. Derwin James, S (Chargers): $19.86MM
  23. Budda Baker, S (Cardinals): $19.03MM
  24. Charvarius Ward, CB (49ers): $18.4MM
  25. Marcus Williams, S (Ravens): $18.03MM

While a handful of quarterbacks are set to break the single-player record for cap hit — after this offseason’s $30.6MM cap spike — this year’s defensive hits do not check in on that level. Crosby and Watt are at $30MM, but those numbers do not match last year’s top defender cap hit — attached to then-Giants D-lineman Leonard Williams ($32.26MM). With Aaron Donald now in the dead money category following his retirement and Chris Jones extended, some new faces have climbed toward the top of this list.

The Raiders gave Crosby a $6MM 2024 pay bump to reward a former Day 3 pick who has unlocked another level while attached to an extension signed in 2022. Rather than greenlight a new deal for their top defender, the Raiders moved money around on his through-2026 extension to accommodate a rising market. This season now marks the highest cap hit on this Crosby contract.

Although the Chargers worked out pay-cut agreements with Bosa and Mack, both edge rushers are still among the most expensive — cap-wise — players in the league. The March reductions, however, moved Bosa’s cap number down from $36.6MM and lowered Mack’s from $38.5MM. With James tied to the second-highest 2024 safety figure, Jim Harbaugh‘s team — while clearing out costs on offense — remains among the top defensive spenders.

Two years remain on Watt’s deal, which has paid out its guaranteed money. With Nick Bosa having secured a defender-record extension and lower-production players — compared to Watt, at least — Brian Burns and Josh Allen surpassing the future Hall of Famer’s 2021 extension, a third Steelers-Watt agreement will likely be rumored soon. Heyward has expressed interest in a fourth Steelers contract, which would reduce his lofty cap figure, but the accomplished veteran has not heard much from the team’s side on this matter.

The Packers have begun talks with Clark on what would be a third extension. His current $17.5MM-per-year contract has fallen to 15th among active D-linemen. A new deal would update that figure for a reliable starter while reducing his 2024 cap hit. Despite rumors about the Pack separating from Alexander coming out in December, GM Brian Gutekunst shot down any such move associated with the league’s highest-paid corner.

Baker requested a trade last year, eyeing a deal closer to the James-Fitzpatrick level. The longtime Cardinal DB is in the final year of an extension agreed to back in 2020. Although the Cardinals are rebuilding, Baker has remained part of Jonathan Gannon‘s team. He expressed hope to stay in Arizona beyond 2024, and the Cardinals have the contract-year safety — the team’s longest-tenured starter, now that D.J. Humphries is off the roster — on the team going into his age-28 season.

Latest On Raiders WR Davante Adams

Davante Adams has continually attempted to make clear he wants to stay with the Raiders. Despite Las Vegas in transition at quarterback following the release of Adams Fresno State teammate Derek Carr, the All-Pro wide receiver has said on a few occasions he wants to remain a Raider.

This has not stopped speculation about a move, and a Trade Rumors Front Office piece last week explored the 11th-year wide receiver’s status as an accomplished 30-something on a retooling team. Aaron Rodgers then said he looks forward to playing with his former teammate once again, and Netflix’s Receiver series featured a scene in which Adams tied the benching of Jimmy Garoppolo to his own Raiders future.

[RELATED: Offseason In Review: Las Vegas Raiders]

Last week, Adams reiterated his desire to stay in Vegas under the Antonio PierceTom Telesco regime. The third-year Raider brushed off rumors about a Rodgers reunion, calling them unrealistic. As this spree of trade rumors/denials persist, Adams’ agents indicated (via ESPN.com’s Adam Schefter) they are not signs this partnership will end soon. Agents Kenny Chapman and Frank Bauer said no trade talks have taken place. This comes months after Telesco said Adams was not available at the Combine.

Adams, 31, is in a rather unusual situation. The Raiders fired the regime that traded first- and second-round picks for him, doing so after cutting Carr. Visible Adams frustration with the Raiders’ state of affairs transpired before the firings of Josh McDaniels and Dave Ziegler, and even after the Pierce elevation coincided with better performances, Adams finished with nearly 400 fewer receiving yards (1,144) compared to his 2022 All-Pro season. Counting Jarrett Stidham‘s starter stint, the Raiders could soon be on a fourth post-Carr QB — if Gardner Minshew lives up to his guarantee and unseats Aidan O’Connell — with a high-value trade chip taking up cap space.

While both Adams and Tyreek Hill signed backloaded extensions that raised the receiver AAV ceiling in 2022, the former’s deal features two seasons with monster base salaries. Due to two base salaries north of $35MM in 2025 and ’26, Adams’ cap numbers enter new territory in 2025. Tied to a $25.35MM number this year, the ex-Packer second-rounder’s figure rises to $44.1MM in 2025 and ’26. No guaranteed money remains on the contact beyond 2024.

The Dolphins have indicated they appear open to revising Hill’s contract; no contract talks between the Raiders and Adams are believed to have taken place. That makes sense due to the team having authorized a five-year deal in 2022, but Adams’ place on a team that may well not have its long-term QB hopeful on the current roster remains a bit curious. Expected contenders figure to call the Raiders, as some teams did before the 2023 deadline. Vegas struggling to start the season would stand to increase interest.

For now, though, all parties continue to insist no trade will happen. The Raiders would risk a diminished return in an Adams trade if they wanted until after this season, as Adams will turn 32 in December. But nothing appears close regarding a trade. Adams will soon head to training camp as a factor in the Minshew-O’Connell QB battle, which certainly represents a different stage of his career compared to being the top weapon during Rodgers’ third and fourth MVP seasons.

Davante Adams Addresses Raiders’ Decision To Bench Jimmy Garoppolo

The Raiders signed Jimmy Garoppolo last offseason, but he struggled early in the campaign. That was followed by a pair of missed contests and the midseason firings of Josh McDaniels and Dave Ziegler. By the time the veteran quarterback was healthy, he had been benched in favor of rookie Aidan O’Connell.

[RELATED: Recapping Raiders’ Offseason]

The latter held starting duties through the remainder of the season, a period with interim head coach Antonio Pierce at the helm. Pierce was hired on a full-time basis after receiving the endorsement of several high-profile Raiders players. One of those was wideout Davante Adams, who appears to have had a say in the decision to replace Garoppolo with O’Connell.

A scene from Netflix’s Receiver series shows Adams being asked his thoughts on the QB decision. The three-time All-Pro replies, “well, my opinion on that was that I signed off on that, and that’s just the reality of it” (h/t Michael David Smith of Pro Football Talk).

It comes as little surprise Adams’ opinion would be asked about a quarterback switch, but his remark suggests further frustration between he and the team could have emerged had Garoppolo stayed in place. Adams joined Vegas in the hopes of reuniting with former college teammate Derek Carr, but that was only the case for one year. Carr’s departure prompted the ill-fated Garoppolo signing and questions about Adams’ future with the Raiders. It seems his desire to remain with the organization was a factor in his view on the shift to O’Connell.

“I love Jimmy.” the 31-year-old added. “He’s a great guy, but something had to happen in order for us to have a chance down the stretch, and for me to remain a Raider, in all honesty.”

Adams recently offered a public commitment to Vegas despite continued interest on the part of former teammates (including Aaron Rodgers) to have him seek a trade elsewhere. Such a move is unlikely at this point, but it is clear Adams had his short- and long-term future in mind when giving his thoughts on the Raiders’ 2023 QB depth chart. O’Connell is still in place, and he will spend training camp competing for the No. 1 gig with Gardner Minshew.

As for Adams, three years remain on his contract (although no guaranteed salary is in place beyond 2024). The six-time Pro Bowler’s cap hits are scheduled to spike next offseason, so an extension or other adjustment could be needed by that point. It will be interesting to see how he meshes with O’Connell and/or Minshew over the course of the coming campaign during Pierce’s first full year as head coach.