The Raiders have plenty of cash to spend this offseason. Exactly how much has been refined by detailed financial numbers released on Monday by the NFL Players Association.
The 2015 NFL salary cap has been officially set at $143.28 million, close to the number that made the rounds last week. That number gets higher with salary-cap carryover and financial adjustments from the 2014 season.
The Raiders chose to carry over $7.4 million in leftover 2014 cap space and $1,192,756 in adjustments based upon unearned incentives. Those totals elevate the Raiders’ adjusted salary cap to $151.872 million.
The Raiders have to spend significantly to reach the NFL salary floor, which mandates teams spend 89 percent of the cap figure in cash over a four-year period from 2013-16. The Raiders are at roughly 81 percent, but the floor remains at the $143.28 million NFL salary cap as opposed to the Raiders’ adjusted number.
The Raiders are currently $55.7 million under the 2015 salary cap per overthecap.com, though that total will increase with the release of strong safety Tyvon Branch and defensive end LaMarr Woodley. Those transactions will add $8.173 million to the Raiders’ coffers.
With 2014 carryover, cap adjustments and additional savings be releasing veterans, the Raiders have the ability to go after big names when free agency begins on March 10.
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