Las Vegas Raiders News & Rumors

Extension Candidate: Josh Jacobs

Josh Jacobs was slapped with the franchise tag earlier this offseason, allowing both the player and team some extra time to negotiate a long-term pact. However, there hasn’t been any reported progress when it comes to an extension.

Part of that delay could be due to the Raiders’ reluctance to invest big money on a running back. Another reason for the lack of progress could be Jacobs’ determination to keep the running back market alive. The running back seemed to allude to his negotiation logic earlier this month, tweeting that “[s]ometimes it’s not about you. We gotta do it for the ones after us.” Jacobs added some fuel to the fire today when he tweeted “bad business,” an indication that he may not be pleased about the current status of his negotiations.

It’s not a new or shocking development that teams are unwilling to pay big money to running backs, and Jacobs is just the latest player to express frustration at the declining AAV at the position. Christian McCaffrey inked a record-breaking four-year, $64MM deal with the Panthers back in 2020, and his average annual value ($16MM) and guaranteed money ($36MM) still paces the position three years later.

Since then, Alvin Kamara secured the most guaranteed money at the position ($34MM), and the likes of Derrick Henry, Joe Mixon, Dalvin Cook, Aaron Jones, and Nick Chubb ended up signing extensions that landed between $12MM and $12.5MM per season. Only Miles Sanders and David Montgomery secured new contracts averaging $6MM or more this offseason, and rookie Bijan Robinson will head into the 2023 campaign with the third-most guaranteed money at his position ($21.9MM). We’ve seen other position groupings setting contract records, but the running back position appears to be heading backwards.

That brings us to Jacobs, who is set to play the 2023 season under the $10.1MM franchise tag. The two sides have until July 17 to negotiate a new deal, but it’s uncertain if they’ll agree to a new deal with less than a month remaining. Saquon Barkley is still awaiting a new deal with the Giants, an extension that would likely influence Jacobs’ next deal, putting the Raiders RB in a bit of a holding pattern.

It’s uncertain what kind of specific money Jacobs is seeking on his next deal. Based on the recent signings at the position, he’d be lucky to get an offer that approaches Henry’s four-year $50MM extension he signed with the Titans in 2020. If Jacobs does sign a new deal, he’ll likely settle into that sub-$12.5MM AAV, closer to the three-year, $36.6MM deal Chubb got from the Browns.

Jacobs made it known early on that he was going to skip the Raiders’ offseason program, but the July 17 deadline would seemingly prevent a training camp holdout. Jacobs has little incentive to sacrifice money and go the Le’Veon Bell route, and if he’s determined to make a statement, it seems increasingly likely that he’ll play the 2023 campaign under the franchise tag.

Raiders Expect DE Tyree Wilson To Be Cleared For Training Camp

After plenty of speculation as well as trade offers, the Raiders elected to remain at their No. 7 slot in this year’s draft and select Tyree Wilson. The defensive end’s arrival has been met with high expectations but also concerns over his health.

Wilson’s final college season was cut short due to a Lisfranc injury, and the surgery he underwent as a result was a red flag for some teams in the build-up to the draft. His production at Texas Tech, along with his overall build and skillset, however, convinced the Raiders to retain their top-10 position in the first round and make him the second edge rusher to hear his name called.

The recovery from surgery has cost Wilson OTAs as well as minicamp, but his progress in rehabbing his foot should allow him to see the field next month. The Raiders expect him to be cleared in time for training camp, per Vincent Bonsignore of the Las Vegas Review-Journal. That would of course mark a welcomed development for team and player, given the expectations Wilson will face in the NFL.

The 6-6, 275-pounder will be tasked with helping the Raiders improve in the pass-rush department along their new-look defensive front. A rotational role behind Chandler Jones may be likely at first, but Wilson’s long-term future should see him serve as a complimentary edge defender opposite Maxx Crosby. That trio will aim to improve on the 27 sacks the Raiders registered last season in particular, and help the team take a step forward on defense in general.

Given his missed time, it would come as no surprise if the Raiders were to proceed cautiously with Wilson when he does begin practicing for the first time. Presuming that does take place in July, though, he will still have considerable time to acclimate himself to the NFL game ahead of his rookie season. His success in returning to full health during the summer will be a key storyline for Wilson and the Raiders during the remainder of the offseason.

Raiders Sign CB Jakorian Bennett, Complete Draft Class Signings

With the break between minicamp and training camp now upon them, the Raiders have become the latest team to finish the business of signing all members of their rookie class. Fourth-round cornerback Jakorian Bennett has agreed to terms on his first, four-year, NFL deal, per a team announcement.

Bennett had a three-year career at Maryland, where he teamed with fellow corner Deonte Banks to great effect. The latter drew signficant acclaim during his final season in particular, and was unsurprisingly a first-round selection in April. The former needed to wait much longer to hear his name called, but he will nevertheless enter the NFL with a track record of production as well.

Bennett led the Terrapins in interceptions with three in 2021, and he added 11 pass deflections along the way. That ball production continued into last season, when he notched a pair of picks and again complied 11 PBUs. The Mobile, Alabama native added a blocked field goal to his statline and his overall reviews for being a high-energy player capable of contributing both on defense and special teams.

At 5-11, Bennett does not possess the length many teams seek in a shutdown outside corner, but he should have a path to at least a rotational role early in his career. He joins a Raiders secondary which struggled mightily in 2022, ranking 29th in the NFL against the pass and registering only six interceptions. The team’s cornerback setup has changed as a result, with Brandon Facyson, Duke Shelly and David Long being added in free agency. Free agent Marcus Peters remains unsigned at this point, but a deal with Las Vegas appears to be on the horizon. The latter would add a starter at the CB spot for 2023, but Bennett should make an impact over the course of his Raiders tenure.

Here is the complete breakdown of Vegas’ 2023 draft class:

Round 1, No. 7: Tyree Wilson, LB (Texas Tech) (signed)
Round 2, No. 35 (from Colts): Michael Mayer, TE (Notre Dame) (signed)
Round 3, No. 70: Byron Young, DT (Tennessee) (signed)
Round 3, No. 100 (from Chiefs through Giants): Tre Tucker, WR (Cincinnati) (signed)
Round 4, No. 104 (from Texans): Jakorian Bennett, CB (Maryland) (signed)
Round 4, No. 135 (from Patriots): Aidan O’Connell, QB (Purdue) (signed)
Round 5, No. 170 (from Packers through Jets): Christopher Smith, S (Georgia) (signed)
Round 6, No. 203 (from Texans through Giants): Amari Burney, LB (Florida) (signed)
Round 7, No. 231 (from Patriots): Nesta Jade Silvera, DT (Arizona State) (signed)

Raiders Sign Second-Round TE Michael Mayer

The Raiders came one step closer to completing the signing of their 2023 rookie class today, announcing the signing of former Notre Dame tight end Michael Mayer, whom they drafted in the second round of this year’s draft.

After being named a Freshman All-American in 2020, Mayer followed his first college season up with two more stellar performances. In his final year with the Fighting Irish, Mayer was named a first-team All-American after leading all FBS tight ends with nine touchdown catches. He was the only FBS tight end to eclipse 800 receiving yards in each of the past two years, as well.

For much of the pre-draft process, Mayer was considered the top tight end on the board. While others may have projected higher as a large pass catcher, Mayer was easily viewed as the most well-rounded tight end prospect. Instead, he slid slightly down the board into the second round as the third tight end drafted, following Utah’s Dalton Kincaid (1st round, 25th pick by Buffalo) and Iowa’s Sam LaPorta (2nd round, 34th pick by Detroit).

Over his three years in South Bend, Mayer set program records for a tight end in receptions (180), receiving yards (2,099), and receiving touchdowns (18). With such recent successes as Kyle Rudolph, Tyler Eifert, Cole Kmet, and several others coming out of Notre Dame, that’s no small feat. Mayer is set to add to a tight end alumni group that rivals the success of schools like Iowa and Miami (FL).

In Las Vegas, Mayer should have a bit of time to adjust to the speed of the NFL game. The Raiders currently roster two experienced veterans in Austin Hooper and O.J. Howard, whom, together, can easily hold down the position until Mayer is NFL-ready. That’s if he needs any time at all. Given how quickly Mayer adjusted and became a major contributor at the college level, Mayer may be pushing for snaps by the season opener.

With Mayer’s contract in the books, the Raiders have signed eight of their nine draft selections. Only fourth-round Maryland cornerback Jakorian Bennett remains unsigned in Las Vegas’s rookie class.

Raiders Remain Interested In Marcus Peters

Marcus Peters‘ Raiders visit occurred nearly a month ago. No deal materialized, leaving Las Vegas with questions at cornerback. While the team signed a few veterans this offseason, all were low-cost additions.

The team is not out on Peters, however, and Vic Tafur of The Athletic notes the team is likely to sign the former All-Pro before training camp (subscription required). The Raiders and Peters have kept in touch since the eight-year veteran’s mid-May visit, and while Tafur adds other corners are on the team’s list, Peters looks to be the most likely veteran move the team will make.

Las Vegas has added Duke Shelley, David Long and Brandon Facyson this offseason. While reasons for optimism exist with this contingent, the Raiders lost their most seasoned starter at the position — Rock Ya-Sin — from another defense that ranked near the NFL’s basement. Patrick Graham‘s first Vegas unit ranked 26th in points allowed — the Raiders’ 20th consecutive season ranked 20th or worse in this area — and 31st in DVOA. Although the Raiders bolstered their pass rush by drafting Tyree Wilson seventh overall, they could use a proven cover man.

An Oakland native who supported the Raiders growing up, Peters has 103 career starts on his resume despite missing the 2021 season. Even with the missed season, Peters’ 32 interceptions still lead the NFL — by four — since his 2015 rookie year. Peters, 30, did not play on a Pro Bowl level last season. He allowed a 113.7 passer rating as the closest defender in coverage — his worst mark as a Raven — and surrendered seven touchdown receptions despite missing four games. But Pro Football Focus did not view the veteran to have slipped too far; the advanced metrics site slotted Peters 49th among corners last year.

The inconsistent 2022 season likely represents the main reason Peters is still available. Although age is now a factor for the veteran ballhawk, he will be two years removed from the ACL tear by Week 1. The 2015 Defensive Rookie of the Year, Peters has two first-team All-Pro nods on his resume and has led the NFL in INT return yardage three times. While the brash boundary corner offers a boom-or-bust play style, he would supply the Raiders with far more experience than any of their current options bring.

Other available outside corners include Ronald Darby, Casey Hayward, William Jackson, Eli Apple and Ahkello Witherspoon. Hayward spent the 2021 season with the Raiders, following Gus Bradley to Vegas. He joins Jackson, Darby and Witherspoon in being offseason cap casualties. Peters should be considered the top option, and it should be expected more Raiders connections will follow closer to training camp.

Raiders Have Not Received Calls On WR Hunter Renfrow

Hunter Renfrow appeared to be part of the Raiders’ long-term plans not long ago, but the 2022 season did not go according to plan. While speculation has linked the wideout to a trade out of Las Vegas, such a move should not be expected at this point.

The 27-year-old inked a two-year, $32MM deal last summer, after he enjoyed a career-year in 2021. Renfrow posted 1,038 yards and nine touchdowns on 103 catches that year, earning him a Pro Bowl nod and putting him in line for a considerable raise. Expectations were elevated heading into last season, but injuries and a poor scheme fit in Josh McDaniels‘ offense emerged as issues.

Renfrow was limited to 10 games in 2022, and he posted a statline of 36-330-2. Given the team’s other moves at the receiver spot (highlighted by the signing of Jakobi Meyers and draft addition of third-rounder Tre Tucker), the strong possibility has been raised of a trade sending Renfrow elsewhere this offseason. A fresh start could be beneficial to team and player, but interest has not picked up on the trade front to date.

Vegas has yet to receive an offer for Renfrow, per Tashan Reed of The Athletic (subscription required). As a result, he adds that noting is considered imminent with respect to a trade taking place. The Clemson alum has no guranteed money on his deal in 2024, the point at which negotiations for an extension or a re-worked contract would likely take place. That would make a Renfrow acquisition essentially a one-year rental, something which no doubt hurts his value in a swap.

The situation could certainly change in the near future, but as things currently stand any potential Renfrow exchange would take place closer to the midseason trade deadline. A performance putting him closer to his 2021 production up to that point for the veteran slot operator could lead to an increase in interest, though a strong showing could also lead to a desire on the Raiders’ part to retain him.

Vegas and Renfrow both have questions to answer during the 2023 season, as they each look to move on from disappointing campaigns last year. For now, at least, they appear likely to enter the campaign together, although trade rumors could persist depending on which adjustments (if any) are made to present Renfrow with better opportunities in the Raiders’ revamped pass-catching corps.

Jimmy Garoppolo Expected To Be Ready For Training Camp

When it became known Jimmy Garoppolo underwent foot surgery, Josh McDaniels did not reveal a return timetable. The second-year Raiders HC has remained comfortable with this situation, which encountered a bit of turbulence in March.

The Raiders believe they will be past the rough waters regarding Garoppolo’s foot trouble by training camp. Garoppolo is expected to be fully recovered by camp, per NFL.com’s Ian Rapoport, who adds the veteran quarterback should be ready to go weeks before that point (video link). Garoppolo initially suffered the foot fracture in December, and while he had attempted non-surgical rehab for a potential January or February return, the ex-49ers passer ended up needing to go under the knife shortly after signing with the Raiders.

[RELATED: Tom Brady Insists He Will Stay Retired]

Although Garoppolo agreed to a three-year, $72.75MM deal with more than $33MM fully guaranteed, the Raiders included an injury waiver before the 10th-year vet signed the deal. Garoppolo now must pass a physical before seeing his guaranteed money. But an early separation would make neither party look particularly good. As it stands now, the Raiders are committed to moving forward with Garoppolo as their starter.

Garoppolo, 31, has attended OTAs thus far but has not taken part. He will be returning to a McDaniels-led offense for the first time since the 2017 season. Garoppolo spent four years in McDaniels’ offense in New England, but an October 2017 trade split up the pair — as Tom Brady‘s endless prime continued into the late 2010s. The Raiders ditched Derek Carr, who had missed two regular-season games due to injury in his career, for Garoppolo. While familiarity with McDaniels will certainly help, Las Vegas is obviously taking a considerable risk here. Garoppolo has missed 33 games due to injury since his September 2018 ACL tear and has only finished two of the past five seasons.

Until Garoppolo is recovered, the Raiders will have off-and-on Patriot Brian Hoyer, who signed with the team this offseason, taking snaps. Hoyer, who spent most of last season on the Patriots’ IR list, is going into his age-38 season. Fourth-round pick Aidan O’Connell and former UDFA Chase Garbers are the other QBs on the Raiders’ roster. Rather than an emergency Carson Wentz or Teddy Bridgewater escape hatch, the Raiders remain tethered to Garoppolo. Barring a setback, the expected Vegas starter will be on the field come training camp.

Durability concerns should be tied to Garoppolo once he recovers from the foot surgery, but regarding this particular injury, the Raiders expect June to be the recovery homestretch.

2023 NFL Cap Space, By Team

The start of June has served as a key NFL financial period for decades. While teams no longer have to wait until after June 1 to make that cost-splitting cut designation, teams pick up the savings from those transactions today. With a handful of teams making post-June 1 cuts this year, here is how each team’s cap space (courtesy of OverTheCap) looks as of Friday:

  1. Chicago Bears: $32.58MM
  2. Carolina Panthers: $27.25MM
  3. Arizona Cardinals: $26.68MM
  4. New York Jets: $24.79MM
  5. Detroit Lions: $23.72MM
  6. Indianapolis Colts: $23.39MM
  7. Dallas Cowboys: $20.48MM
  8. Houston Texans: $16.81MM
  9. Green Bay Packers: $16.57MM
  10. Pittsburgh Steelers: $15.73MM
  11. Cincinnati Bengals: $14.92MM
  12. New Orleans Saints: $14.27MM
  13. New England Patriots: $14.12MM
  14. Miami Dolphins: $13.9MM
  15. Cleveland Browns: $13.86MM
  16. Philadelphia Eagles: $13.85MM
  17. Los Angeles Chargers: $12.61MM
  18. Jacksonville Jaguars: $12MM
  19. Washington Commanders: $11.57MM
  20. Baltimore Ravens: $11.54MM
  21. San Francisco 49ers: $10.72MM
  22. Atlanta Falcons: $10.7MM
  23. Denver Broncos: $10.13MM
  24. Minnesota Vikings: $9.75MM
  25. Tennessee Titans: $7.99MM
  26. Seattle Seahawks: $7.94MM
  27. New York Giants: $3.82MM
  28. Las Vegas Raiders: $3.37MM
  29. Los Angeles Rams: $1.49MM
  30. Buffalo Bills: $1.4MM
  31. Kansas City Chiefs: $653K
  32. Tampa Bay Buccaneers: $402K

The Dolphins gained the most from a post-June 1 cut (Byron Jones) this year, creating $13.6MM in cap space from a deal that will spread out the cornerback’s dead money through 2024. But the Browns (John Johnson, Jadeveon Clowney) and Cowboys (Ezekiel Elliott) created more than $10MM in space as well.

The Jets’ number is a bit deceiving. They are still working on a restructure with Aaron Rodgers, as the trade acquisition’s cap number — after a Packers restructure — sits at just $1.22MM. In 2024, that number skyrockets to $107.6MM. Rodgers’ cap hit will almost definitely will climb before Week 1, so viewing the Jets along with the other teams north of $20MM in space is not entirely accurate.

Minnesota is moving closer to separating from its $12.6MM-per-year Dalvin Cook contract. The team already created some space by trading Za’Darius Smith to the Browns. Cleveland, which is one of the teams connected to DeAndre Hopkins, added Smith and did so with help from its Deshaun Watson restructure. Watson was set to count $54.9MM against the Browns’ 2023 cap. That number is down to $19.1MM, though the Browns’ restructure both ballooned Watson’s mid-2020s cap figures to $63.9MM — which would shatter the NFL record — and added a 2027 void year.

Tampa Bay and Los Angeles sit atop the league in dead money, with the Bucs — largely from their April 2022 Tom Brady restructure — checking in at $75.3MM here. That total comprises nearly 33% of the Bucs’ 2023 cap sheet. The Rams, at more than $74MM, are not far behind. Despite the Bills and Chiefs — the teams most frequently tied to Hopkins — joining the Bucs and Rams near the bottom of the league in cap space, both AFC contenders also sit in the bottom five in dead money.

Brady: ‘I’m Certain I’m Not Playing Again’

With Tom Brady agreeing to buy a piece of the Raiders and the team’s new quarterback — Jimmy Garoppolo — recovering from another surgery, understandable speculation regarding another Brady unretirement has emerged. The all-time great is again attempting to dispel notions he is coming back.

During a recent interview with SI Now’s Robin Lundberg, the former Patriots and Buccaneers quarterback confirmed he is retired. Brady has announced retirements in each of the past two years. While he backtracked on his initial NFL exit in March 2022, the 23-year veteran has remained retired this year and insists he is done.

I’m certain I’m not playing again,” Brady said (video link). “I’ve tried to make that clear. I hate to continue to profess that, because I’ve already told people that lots of times. But I’m looking forward to my broadcasting job at FOX next year. I’m looking forward to the opportunity ahead with the Raiders.”

Brady, 45, added he is in the process of finalizing the Raiders agreement. Part-owner of the WNBA’s Las Vegas Aces, Brady is set to serve in a similar capacity with Mark Davis‘ flagship franchise. NFL owners must approve Brady’s ownership stake by a three-fourths majority. While that majority vote exists for Brady’s ownership stake, a unanimous vote would be required for him to serve simultaneously as an owner/player.

This topic came up during the period in which Brady was connected to serving as a Dolphins owner/player. The NFL came down hard on Miami for its tampering effort involving Brady and Sean Payton, docking the franchise first- and third-round picks and suspending owner Stephen Ross. A year later, the QB icon is planning to enter the ownership ranks with another team.

A comeback with the Raiders certainly would make sense, were Brady interested in a Brett Favre-esque second unretirement. Brady spent many seasons working with current Raiders HC Josh McDaniels as his offensive coordinator, with GM Dave Ziegler also in New England during part of Brady’s 20-year tenure. Garoppolo, Brady’s backup from 2014 until an October 2017 trade exit, underwent surgery on his fractured foot in March.

The latest Garoppolo surgery came to light just last week, and the Raiders reworked his three-year contract to protect themselves against their preferred QB1’s foot injury keeping him off the field. The Raiders also may be in need of another backup option, with ex-Brady backup Brian Hoyer — ahead of his age-38 season — and fourth-round rookie Aidan O’Connell in place behind Garoppolo. Before Brady announced his retirement for a second time, the Raiders looked into the ex-McDaniels charge as a free agent. That door appears closed.

Brady said earlier this year he would not begin his FOX analyst job until 2024, keeping Greg Olsen in that chair for the time being. In 2022, FOX gave Brady a 10-year, $375MM deal to work as its No. 1 NFL analyst. Given his star power and the Raiders’ situation, this might not be the last time the seven-time Super Bowl winner needs to insist he will remain retired. But Brady is moving forward in ownership and broadcasting roles.

Each NFL Franchise’s Richest QB Contract

The quarterback market has moved again this offseason. A year after Aaron Rodgers raised the average annual value bar past $50MM, Jalen Hurts and Lamar Jackson did so on long-term extensions. Overall, four teams have authorized the most lucrative QB deal in their respective histories this offseason. Two more — the Bengals and Chargers — are in talks about record-setting extensions as well.

On that note, here is the richest quarterback contract each team has authorized. Although teams like the Jets and Lions have acquired big-ticket contracts via trade, only teams’ extensions or free agency agreements will qualify here.

Arizona Cardinals

Atlanta Falcons

Baltimore Ravens

Buffalo Bills

Carolina Panthers

Chicago Bears

  • Jay Cutler, January 2014. Seven years, $126.7MM. $38MM fully guaranteed

Cincinnati Bengals

  • Carson Palmer, December 2005. Six years, $97MM. $30.8MM fully guaranteed

Cleveland Browns

Dallas Cowboys

Denver Broncos

Detroit Lions

Green Bay Packers

In trading this contract to the Jets in April, the Packers restructured the deal. Rodgers’ exit will still tag the Pack with $40.3MM in 2023 dead money.

Houston Texans

Indianapolis Colts

Jacksonville Jaguars

Kansas City Chiefs

Las Vegas Raiders

Carr’s second Raiders deal — agreed to in April 2022 — was worth $40.5MM per year. The full guarantee, thanks to the February escape hatch the team built into the contract, checked in lower than Carr’s initial Raiders extension.

Los Angeles Chargers

Los Angeles Rams

Miami Dolphins

Minnesota Vikings

Cousins’ 2020 extension checked in with a higher AAV ($33MM) but did not approach his initial Minnesota pact for guarantees.

New England Patriots

New Orleans Saints

New York Giants

New York Jets

  • Chad Pennington, September 2004. Seven years, $64MM. $23MM guaranteed.

The Jets have signed three quarterbacks to deals involving more guaranteed money, but each of those contracts — for Mark Sanchez (2009), Sam Darnold (2018) and Zach Wilson (2021) — was a rookie pact.

Philadelphia Eagles

Pittsburgh Steelers

San Francisco 49ers

Seattle Seahawks

Tampa Bay Buccaneers

Tennessee Titans

Washington Commanders