Raiders issue statement after Adelson withdraws from Vegas stadium

Raiders issue statement after Adelson withdraws from Vegas stadium

About an hour after billionaire casino magnate Sheldon Adelson announced that he was withdrawing his investment in the Raiders' proposed stadium in Las Vegas, the team issued a statement:

"The Raiders deeply appreciate the efforts of the Adelson family to bring the Raiders to Las Vegas.  We know this project could not have advanced to this point without them.  The Raiders remain steadfast in honoring Mark Davis’ commitment to Governor Sandoval and the State of Nevada to pursue relocation to Las Vegas," the team said.

Adelson had committed to invest $650 million of his family's personal wealth in the project.

The filed for relocation to Las Vegas earlier this month. The team has told the NFL that it has the ability to continue without the involvement of Adelson.

The public has committed $750 million to the project, while the Raiders have pledged $500 million. Goldman Sachs is also involved in the financing of the proposed stadium.

“It’s clear the Raiders have decided their path for moving to Las Vegas does not include the Adelson family,” Adelson said Monday in a statement, via the Las Vegas Review Journal. “So, regrettably, we will no longer be involved in any facet of the stadium discussion.”

Source: Raiders trading veteran WR Patterson to Patriots


Source: Raiders trading veteran WR Patterson to Patriots

The Raiders are trading receiver/kickoff returner Cordarrelle Patterson to the New England Patriots, a league source told NBC Sports Bay Area on Sunday afternoon.

The Raiders will receive a fifth-round pick, while sending a sixth-round pick back to New England, according to the NFL Network. Patterson must pass a physical to complete the transaction, NFL Network is also reporting.

The moved frees $3.25 million in salary cap space for a Raiders team that was up against the NFL spending threshold. Former Washington receiver Ryan Grant is reportedly visiting the Raiders’ Alameda complex soon. Grant is available after a failed physical voided his free-agent deal with Baltimore. He passed a physical in Indianapolis, NFL Network reported, but left the Colts without a contract. Grant is a surehanded target who averaged 12.7 yards per receptions and had just three drops in 63 targets. 

The Raiders will likely add another receiver if Grant doesn't come aboard. One of head coach Jon Gruden's preference could be found in the NFL draft if Grant goes elsewhere.

The Raiders also added receiver Griff Whalen, a Stanford alum who has some returning experience, before free agency began. 

Patterson proved a productive, explosive member of last year’s offense, primarily as a gadget player. Patterson finished the season with 31 catches for 309 yards, and had 13 receptions for 121 yards and two touchdowns.

He never became a steady, standard receiving option, and wasn’t able to shed his reputation as a relatively poor route runner. That likely made him expendable in  Gruden’s eye. He needs quality routes and steady hands from his wideouts.

That outweighs Patterson’s prowess returning kickoffs. The two-time All-Pro averages 30.2 yards per kickoff return over five seasons, with five return touchdowns to his credit.

The Patriots are well known for excellent special teams play, and needed a returner with Dion Lewis leaving for Tennessee in free agent. The Super Bowl runners up now have a dynamic returner and gunner to pair with solid coverage and return units.

This is a developing story. Check back for further details.

Raiders 2018 offseason scoreboard


Raiders 2018 offseason scoreboard


Veteran additions
WR Jordy Nelson (cut by Green Bay): 2 years/$15 million, $13 million guaranteed
CB Rashaan Melvin (UFA; Indianapolis): 1 year/$6.5 million
LB Tahir Whitehead (UFA; Detroit): 3 years/$18 million, $9 million guaranteed)
S Marcus Gilchrist (UFA; Houston): 1 year
RB Doug Martin (cut by Tampa Bay): 1 year
FB Keith Smith (UFA; Dallas): 2 years/$4.2 million
TE Derek Carrier (UFA; L.A. Rams): 3 years/$7 million
DE Tank Carradine (UFA; San Francisco): 1 year
LB Kyle Wilbur (UFA; Dallas): 2 years/$3.25 million
LS Andrew DePaola (UFA; Chicago): 4 years/$4.27 million
WR Griff Whalen (but by Baltimore)

Re-signed/extensions/contract tenders offered
DT Justin Ellis (UFA): 3 years/$15 million; $6 million guaranteed)
TE Lee Smith (UFA): 3 years
K Giorgio Tavecchio (ERFA): 1 year/$555,000
DE/LB Shilique Calhoun (ERFA): 1 year/630,000
S Erik Harris (ERFA)
DE James Cowser (ERFA)
OL Denver Krikland (ERFA)

CB Sean Smith (released)
CB David Amerson (released; Kansas City)
RT Marshall Newhouse (released)
LB Aldon Smith (released)
WR Michael Crabtree (released; Baltimore)
DL Denico Autry (UFA; Indianapolis)
CB TJ Carrie (UFA; Cleveland)
WR Cordarrelle Patterson (traded, along with a sixth-round pick, to New England for fifth-round pick)  

S Reggie Nelson (UFA)
K Sebastian Janikowski (UFA)
LB NaVorro Bowman (UFA)
LS Jon Condo (UFA)
QB EJ Manuel (UFA)
S Keith McGill (UFA)

UFA-Unrestricted free agent: Free to sign with any team
ERFA-Exclusive rights free agent: Player has no outside negotiating power

NOTE: Contract figures obtained by, league sources, NFLPA sources or

* * *

1. First round:
No. 10 overall
2. Second round:No. 41 overall
3. Third round: No. 75 overall
4. Fourth round: No. 110 overall
5. Sixth round: No. 185 overall
6. Sixth round: No. 192 overall
7. Sixth round: No. 210 overall*
8. Sixth round: No. 212 overall*
9. Sixth round: No. 216 overall*
10. Sixth round: No. 217 overall*
11. Seventh round: No. 228 overall
* compensatory pick