We tend to think of free agency having a couple of waves that happen back in March. But there’s another wave that is building strength as we speak. This one crashes on the shore on June 1.
This offseason the Raiders made a few cuts, some to save cap money, some to simply let go of unproductive players. A couple of those cuts left a scar — specifically the releases of Cory Littleton and Carl Nassib.
But in order to limit the bleeding in the short term, they gave those players a post-June 1 cut designation. This means that after June 1, a large portion of the dead money they left behind is moved to next year’s cap, which in turn frees up that money right now.
It’s no small amount, either. The Raiders will see their available money under the cap go up nearly $20 million after June 1 — $19.75 to be exact — raising it from the current available amount of around $5 million to over $25 million.
One position of great need for the Raiders this offseason which they have not sufficiently addressed is offensive tackle — right tackle specifically. And, as it turns out, there are actually still a lot of solid starting options out there, presumably waiting for this day so teams will have the funds to offer them a suitable salary.