Raiders have less cap space, fewer needs heading into 2017 free agency

Raiders have less cap space, fewer needs heading into 2017 free agency

The Raiders have had tons of salary cap space in years past. General manager Reggie McKenzie created it with tough decisions early in his Raiders tenure, and used it on veteran free agents aplenty.

That’s not his ultimate goal. He prefers to build through the NFL draft and reward homegrown players for hard work.

Free agency is a supplement, one to be used with caution. The best never leave their club, inflating value on many who hit the open market.

McKenzie had to bandage his roster in recent seasons while a young, drafted foundation grew. That effort drew mixed results. Patchwork didn’t produce much in 2014, when aging veterans generally cashed the Raiders’ checks.

[BAIR: Ranking the Raiders' free agent needs by position]

McKenzie spent big on players in the prime the past few seasons, and hit on several key components signed early in the free agency period. Count Rodney Hudson, Kelechi Osemele, Donald Penn, Bruce Irvin and Michael Crabtree as home runs. Nate Allen was a swing and miss. So was LaMarr Woodley and Matt Schaub. Sean Smith might fall into that category in time, or reverse a trend after a so-so 2016 season.

The Raiders made a bunch of splash signings in recent offseasons. That number could decrease this time around.

The Raiders have $43 million in salary cap space heading into the start of free agency. That’s a lot, not as much as before.

The NFL’s legal tampering period begins on Tuesday morning, a two-day stretch where teams are allowed to contact player representatives and negotiate contract terms.

Players can formally agree to new deals and sign contracts starting Thursday, the formal beginning of free agency. Terms are often agreed upon during this negotiation window.

The Raiders can afford to sign players in free agency. They could use help at inside linebacker, slot cornerback, running back, receiver and along the defensive line.

The big splashes should decrease in volume. Extending quarterback Derek Carr is a top offseason priority, with big money going to Khalil Mack in the relatively near future. Gabe Jackson and Amari Cooper are also players worth rewarding down the line.

“You try to do the best that you can to work the contracts so you can keep as many good players as possible,” McKenzie said in January. “But, we all know that you cannot have a roster of a lot of multi-million dollar players. That’s just not the way this system works. So, we’re just going to have to continue to strive to get good players for the lesser amount. I mean, it’s just the way it is. Our quarterback is going to command a high dollar. Khalil’s going to command a high dollar. So, we’ll work around it. But we don’t feel, at this point, threatened by it.”

The Raiders owe big money to Hudson, Osemele and Smith among others, so another giant class of big contracts may not be advisable despite fans wanting big names like Dont’a Hightower, Tony Jefferson and Calais Campbell arriving together.

The Raiders could use some depth on offense, but free agency might be means of improving a defense that didn’t live up to internal expectation despite having Irvin and Mack rushing strong off the edge.

There is talent available in free agency’s second wave, which comes after the opening salvo. Teams with significant cap space get associated with many players looking for a competitive market in a relatively week free agent class. The Raiders will look for good scheme fits, depth and maybe to see if some of their own free agents can return as they continue to strengthen a playoff roster still lacking in a few areas.

Peterson blasts report over salary demands, outlines main objectives

Peterson blasts report over salary demands, outlines main objectives

Adrian Peterson played defense on Friday night.

Hours after a report suggesting that the four-time All-Pro running back was still a free agent due to salary demands, the former Viking posted a lengthy statement on Instagram along with a video of his running an agility drill.

"YOU CANT BELIEVE EVERYTHING YOU READ OR HEAR PEOPLE. The last thing I'm worried about is playing ball this coming season ... that WILL HAPPEN! It's not all about the money as EVERYONE is speculating here lately. You'd THINK these analysts spoke to me directly. When you don't know what's going on people will say anything to create or make a story! How prideful is it for me to put out ... I won't play for anything less than 8 million! But see, when you don't know a person or what they stand for it's easy to paint YOUR OWN PICTURE. Unfortunately, this is the world we live in! Here is something Straight from the horse's mouth ... finding the best fit & helping a team in a major way win a championship is my main objective! I'm in no rush. Let me eliminate questions or speculation as to why... I believe whole heartedly my God will land me right where I need to be to accomplish what I've asked from him PERIOD"

Early in the free agency period, the Raiders were linked to Peterson, but nothing came of those rumors.

The Raiders, in need of a feature back after Latavius Murray signed with the Vikings, are reportedly pursuing the possibility of luring Oakland-native Marshawn Lynch out of retirement.

Peterson was scheduled to make $18 million in 2017, but the Vikings declined to exercise his contract, making him a free agent. The 2012 NFL MVP turned 32 on March 21 and played in just three games in 2016 due to a major knee injury.

According to the ESPN report, Peterson was looking for a contract that paid him over $8 million in the first year of the deal.

YOU CANT BELIEVE EVERYTHING YOU READ OR HEAR PEOPLE. The last thing I'm worried about is playing ball this coming season ... that WILL HAPPEN! It's not all about the money as EVERYONE is speculating here lately. You'd THINK these analysts spoke to me directly. When you don't know what's going on people will say anything to create or make a story! How prideful is it for me to put out ... I won't play for anything less than 8 million! But see, when you don't know a person or what they stand for it's easy to paint YOUR OWN PICTURE. Unfortunately, this is the world we live in! Here is something Straight from the horse's mouth ... finding the best fit & helping a team in a major way win a championship is my main objective! I'm in no rush. Let me eliminate questions or speculation as to why... I believe whole heartedly my God will land me right where I need to be to accomplish what I've asked from him PERIOD

A post shared by Adrian L Peterson (@adrianpeterson) on

 

Oakland, Lott Group pen letter to NFL in last-ditch effort to keep Raiders

Oakland, Lott Group pen letter to NFL in last-ditch effort to keep Raiders

Through the office of mayor Libby Schaaf, the City of Oakland issued the following statement on Friday, revealing a letter they sent to the NFL a day earlier highlighting the viability and appeal of keeping the Raiders in Oakland.

***

OAKLAND, CA — Today, the City of Oakland, Alameda County, the Lott Group and Fortress, who have been working in concert to develop a fully-financed local stadium proposal for the Oakland Raiders, shared publicly documents detailing the strength of the Oakland plan.

Specifically, they made public for the first time, their most recent correspondence to the NFL. The letters and accompanying documents were sent in follow-up to a March 6, 2017 presentation Mayor Libby Schaaf and former NFL player and real estate investor Ronnie Lott made to the NFL’s Joint Stadium and Finance Committee that outlined the economic advantages to the league and the team of staying in Oakland.

[RELATED: Letter to NFL from Libby Schaaf, Lott Group]

“We’re not giving up in the fourth quarter,” said Oakland Mayor Libby Schaaf. “Since I took office two years ago, I have been focused on taking a team-centered approach that is responsible to the Raiders, the NFL, the fans and the taxpayers of Oakland. We’ve been successful in doing the environmental clearance, aligning the City and the County which jointly own the land, engaging the league and bringing partners to the table in the Lott Group and Fortress who have the financial backing, compassion for this community and intimate knowledge of the game -- on and off the field -- to get a deal done. All that’s missing is the Raiders.”

“I know how passionate the Bay Area is about the Raiders,” said NFL Hall of Famer Ronnie Lott. “To rip this team away from Oakland for a second time would be heartbreaking and entirely unnecessary given that we have a viable option on the table that keeps them here and helps this community and the team grow. We have a sophisticated financial partner in Fortress. We have done the due diligence, and it is clear that the only fully-financed, ready-to-roll option for the Raiders is in Oakland.”

Oakland Mayor Libby Schaaf, City Council President Larry Reid, whose district is home to the existing Coliseum and the proposed new stadium site, Lott Group partner and former NFL quarterback Rodney Peete and Fortress Managing Director Drew McKnight plan to gather with fans, local business leaders, nearby residents and other community members to demonstrate support for the Oakland stadium plan at events planned for Saturday, March 25. This is the day before NFL owners begin a series of meetings during which they are expected to discuss, and possibly vote on Raiders’ owner Mark Davis’ request to move the team to Las Vegas.

City of Oakland media services