By: Michael Ginnitti
With the Oakland Raiders currently in major team cap trouble heading toward the 2013 March 12 deadline, a few veteran contracts may be in the making for termination.
Tommy Kelly, DT
2013 Cap: $11,099,270
2013 Dead Figure (Pre June 1): $6,324,270
2013 Dead Figure (Post June 1): $2,108,090
Rolando McClain, LB
2013 Cap: $6,675,000
2013 Dead Figure (Pre June 1): $10,895,000
2013 Dead Figure (Post June 1): $3,631,666
Darrius Heyward-Bay, WR
2013 Cap: $10,601,000
2013 Dead Figure (Pre June 1): $5,260,000
2013 Dead Figure (Post June 1): $1,753,333
The Raiders need to make moves NOW in order to get under the estimated $121M bar due the 2nd week of March. However, you’ll see with some quick adding here that the Pre-June 1st savings to release this players is a mere: $5,896,000 – hardly worth the trouble. Post June 1st (when the dead money is split over 2013 and 2014), the savings soar to a total of $20,882,514.
Oakland will need to get more creative in the coming weeks to get themselves in stable position – and possibly retain or bring in new free agents to improve the roster. It’s not likely that a major improvement can be made this offseason, barring a steal in April’s draft. Realistically speaking 2013 is a “catch-up” year for this franchise that will need to get younger and cheaper fast in the major skill positions.
Click here to view the Raiders 2013 Salary Cap Breakdown
Click here to track the current 2013 Raiders Free Agents
