The Raiders took on a bit more salary in free agency than they were legally allowed, but restructured center Rodney Hudson’s massive contract to get back under the NFL salary cap.
The team’s cap and contracts people got creative with the deal, obtained by ESPN on Wednesday morning, to provide relief in 2020 and push increased cap hits down the road where they have more flexibility.
The Raiders converted $11.6 million of Hudson’s base salary into a signing bonus, freeing up $9.28 in cap space for 2020. His cap hits will go up $2.32 million in subsequent seasons, which includes two voidable years at the end of the deal to spread out his cap hits.
The Silver and Black had to do that now to get Carl Nassib’s deal in while staying under the cap. He’s set to make $25 million over three years, with a $7.75 million cap hit in 2020, per OverTheCap.com.
After factoring in the Nassib deal, the Hudson restructure and some other small additions, OTC reports the Raiders have $5.214 million in cap space. They might have to make another cap adjustment down the road, with $9.408 million required to pay their draft picks as currently slotted. They won’t have to make that move until later in the spring and summer, when they start signing draft picks.
The Raiders own the Nos. 12 and 19 overall selections, with three third-round picks and one each in the fourth and fifth rounds.
Hudson signed a long-term contract extension last season worth $33.7 million over three years, with $24.4 million guaranteed. Moving money around helps the Raiders stay right with the cap without hurting future standing and keeping all the talent the Raiders currently employ.