With the release of Michael Huff and Darrius Heyward-Bey, The Raiders now have $32.9 million worth of dead money in 2013, which is 26.7 percent of the total salary cap. The Raiders added $14.8 million in dead money with the releases and saved just over $6 million of cap space according to overthecap.com.
counts against the salary cap for one year, even though the player is not on the team. Itís money that typically has already been paid to the players in the form of signing bonuses.
According to overthecap.com, the Raiders have $77.8 million committed to players who are currently on the roster. The salary cap of $123 million plus the $4.5 million the Raiders rolled over from 2012 is the total amount the Raiders can spend in 2013, or $127.5 million.
Take this $127.5 million subtract the $32.9 in dead money and the $77.8 million in player contracts to arrive at the total cap space before any signings ($16.8 million in cap space before the re-signing of Phillip Adams).
Approximate Current Cap Space: $16.2 million*
A few questions for the Nation
1.How does dead money work? Does it carry over to future years also? (please dont answer that question if you are not 100% sure, i'm tired of incorrect info)
2. For EVERYONE to answer... How do you feel about this? Is Reggie doing the right thing? Will we be competitive in the near future? If so when?
Things are crazy right now! Want to hear your opinions