MARCH 14: As expected, the Garoppolo release will be classified as a post-June 1 cut. The Raiders will pick up $24MM in cap space (via The Athletic’s Vic Tafur) as a result, though the money will not be available for nearly three months, and the designation will spread out the dead cap stemming from the 2023 signing over two offseasons.
MARCH 13: The Raiders’ Jimmy Garoppolo release will come to pass today, but the Silver and Black are also moving on from another offensive cog who has not lived up to his contract. They are set to release Hunter Renfrow, NFL.com’s Ian Rapoport reports. The team has since made the Renfrow and Garoppolo releases official as well.
Given a two-year, $32MM deal during the 2022 offseason, Renfrow strangely fell out of favor while on that contract. Trade efforts last year producing no deal will lead to the veteran slot receiver becoming a street free agent today. Renfrow was set to earn an $11.2MM base salary next season.
Although the Raiders did not get much out of the Clemson alum following his 1,000-yard season — which played a central role in their Rich Bisaccia-overseen playoff berth — they will save more than $8MM with this release. Since his 1,038-yard 2021 slate, Renfrow has combined for just 585 yards over the past two seasons. This will go down as a notable mistake during the brief Josh McDaniels era, as Renfrow proved ill-fitting in the Raiders’ most recent offensive scheme despite McDaniels and Dave Ziegler signing off on the extension.
The Raiders shopped Renfrow at the 2023 deadline, doing so as Mark Davis became resigned to another staff overhaul. Prior to the McDaniels and Ziegler firings, they could not convince any team to take on Renfrow’s remaining base salary. Las Vegas did not want to eat any salary to move Renfrow last year. The team resumed its effort to trade the former Jon Gruden draftee this offseason, but nothing came to pass. Renfrow, 28, will join Tyler Boyd and Curtis Samuel among available slot receivers on the market.
Renfrow poses as an interesting candidate for a bounce-back deal, given his production under Gruden and down the stretch in 2021. The former fifth-round pick strung together back-to-back 600-plus-yard seasons in 2019 and ’20, becoming the Raiders’ top complement — as their Antonio Brown move combusted before the 2019 season — to Darren Waller in those years. With Waller sidelined for a chunk of the 2021 stretch run, Derek Carr turned to Renfrow as his top chain-mover. The Saints would profile as a potentially interested party, but Renfrow has not put much in the way of quality on tape over the past two seasons.