The $1.5 million signing bonus the Raiders paid Christian Ponder this offseason has officially gone to waste.
The Raiders confirmed today that they have released Ponder, who was expected to back up starting quarterback Derek Carr this year but was outplayed in the preseason by Matt McGloin.
Oakland also cut veteran safety Taylor Mays, receiver Kris Durham and defensive lineman C.J. Wilson.
The following players were placed on waivers: RB George Atkinson, G Mitch Bell, RB Michael Dyer, LB Spencer Hadley, DE Shelby Harris, T Dan Kistler, TE Brian Leonhardt, DT Ricky Lumpkin, CB Tevin McDonald, DT Leon Orr, LB Josh Shirley, K Giorgio Tavecchio, DE Max Valles, DE Gary Wilkins and WR Devon Wylie.
Oakland also waived/injured tackle Anthony Morris and put safety Brandian Ross on injured reserve.