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Raiders Offseason 2023: Feather in their cap?

It’s true: The Las Vegas Raiders didn’t get any draft pick compensation via trade and instead released quarterback Derek Carr. The pivotal franchise shift occurred on Tuesday afternoon after a trade never materialized for the signal caller.

But it wasn’t for a lack of trying.

Yet, while the Silver & Black didn’t gain any additional draft selections, what the team did gain was a sizeable chunk of cap room by dismissing its former franchise quarterback. Namely, $29.25 million in salary space. Releasing Carr does end up being a $5.625 million dead money hit for the Raiders, but that hits the ledger next offseason.