The Las Vegas Raiders are expected to release quarterback Jimmy Garoppolo, per @DMRussini, a move that follows the signing of Gardner Minshew. Assuming Garoppolo is an immediate release (not Post 6/1), this decision is anticipated to free up $19.4 million of cap space for the Raiders today, a figure that could increase to $24 million if Garoppolo is designated as a post-June 1 transaction. The cap space is being opened by moving on from Garoppolo and wide receiver Hunter Renfrow. The exact financial impact, including whether the $24 million will count against the Raiders' cap until June 1, is still pending confirmation.
The Raiders moved on from one of their veteran quarterbacks, opening up some salary cap space for next season. #RaiderNation https://t.co/OeWNhG7osZ
Still waiting on word whether Jimmy G is being designated as a post-June 1 transaction. If so, it will create $24 million in cap space. However, the $24M will count against Raiders' cap until June 1.
The Raiders moved on from one of their veteran quarterbacks, opening up some salary cap space for next season. #RaiderNation https://t.co/wkbBPinMCB
Raiders cutting Jimmy Garoppolo after signing Gardner Minshew https://t.co/TFhti13TfI https://t.co/5TYIt4Xeb1
Assuming Jimmy Garoppolo is an immediate release (not Post 6/1), the #Raiders will open up $19.4M of cap space by moving on from WR Hunter Renfrow & Jimmy G today.
Las Vegas Raiders are expected to CUT QB Jimmy Garappolo tomorrow, per @DMRussini https://t.co/XGmUjg09Xx