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The Las Vegas Raiders are one of the most storied franchises in the NFL, with a rich history of success and controversy. The team has won three Super Bowls but also endured long periods of mediocrity and turmoil. In 2020, the Raiders moved from Oakland to Las Vegas, hoping to start a new era of glory in the desert.
But how much does it cost to run an NFL team in Sin City? How much do the Raiders spend on their players, coaches, and staff? And how much do they have left to improve their roster in the future? In this article, we will answer these questions and more, using the latest information available from various sources.
The Raiders’ Salary Cap Situation in 2023
The salary cap is the limit on the total amount of money that each NFL team can spend on its players in a given year. The cap is determined by the league’s revenue and is adjusted annually based on various factors. The salary cap for 2023 is projected to be $223 million.
Another website that provides similar information, the Raiders have 54 players under contract for 2023, with a total cap hit of $235.6 million. This means that the Raiders are currently over the projected cap by $12.6 million, and will have to make some moves to get under the limit before the start of the new league year in March.
The Raiders can create more cap space by releasing, trading, or restructuring some of their players’ contracts. For example, they can save $13.9 million by cutting quarterback Jimmy Garoppolo, who has a cap hit of $16.3 million in 2023. They can also save $7.6 million by releasing running back Josh Jacobs, who has a cap hit of $11.8 million in 2023.
However, these moves would also create dead money, which is the amount of money that still counts against the cap for players who are no longer on the roster. For instance, if the Raiders cut Garoppolo, they would have to pay him $55.3 million in guaranteed money, which would count as dead money against their cap. Similarly, if they cut Jacobs, they would have to pay him $10.1 million in guaranteed money, which would also count as dead money.
Las Vegas Raiders Players Salary
The Raiders can also create more cap space by extending or re-signing some of their players to lower their cap hits in 2023. For example, they can extend wide receiver Hunter Renfrow, who has a cap hit of $13.1 million in 2023 and spread his salary over more years. They can also re-sign defensive end Maxx Crosby, who has a cap hit of $13 million in 2023, and give him a signing bonus that can be prorated over the length of his new deal.
The table below shows the top 10 highest-paid players on the Raiders roster for 2023, based on their cap hits:
| Player | Position | Cap Hit |
|---|---|---|
| Kolton Miller | LT | $17,650,000 |
| Davante Adams | WR | $14,740,000 |
| Chandler Jones | DE | $14,244,000 |
| Hunter Renfrow | WR | $13,126,000 |
| Maxx Crosby | DE | $12,978,250 |
| Josh Jacobs | RB | $11,791,000 |
| Andre James | C | $6,980,000 |
| Jimmy Garoppolo | QB | $6,732,000 |
| Bilal Nichols | DT | $6,687,500 |
| Marcus Epps | S | $4,707,500 |
The table below shows the top 10 highest-paid players on the Raiders roster for 2023, based on their average annual salary:
| Player | Position | Average Annual Salary |
|---|---|---|
| Davante Adams | WR | $27,050,000 |
| Chandler Jones | DE | $25,852,000 |
| Kolton Miller | LT | $18,050,000 |
| Hunter Renfrow | WR | $13,126,000 |
| Maxx Crosby | DE | $11,766,250 |
| Josh Jacobs | RB | $10,091,000 |
| Jimmy Garoppolo | QB | $9,075,000 |
| Jakobi Meyers | WR | $8,250,000 |
| Marcus Epps | S | $6,000,000 |
| Bilal Nichols | DT | $5,625,000 |
The table below shows the top 10 highest-paid players on the Raiders roster for 2023, based on their guaranteed money at signing:
| Player | Position | Guaranteed Money at Signing |
|---|---|---|
| Davante Adams | WR | $54,420,000 |
| Chandler Jones | DE | $25,852,000 |
| Kolton Miller | LT | $24,400,000 |
| Hunter Renfrow | WR | $18,264,000 |
| Maxx Crosby | DE | $15,600,000 |
| Josh Jacobs | RB | $10,091,000 |
| Jakobi Meyers | WR | $10,750,002 |
| Jimmy Garoppolo | QB | $9.8 million |
| Marcus Epps | S | $7.956 million |
| Bilal Nichols | DT | $3.802 million |
The Raiders’ Coaches Salary in 2023
The salary cap only applies to the players’ contracts, not to the coaches’ or staff’s salaries. The NFL does not disclose how much each team pays its coaches or staff, so it is hard to find reliable information on this topic. However, some sources have reported estimates or ranges based on various factors.
Jon Gruden signed a 10-year, $100 million contract with the Raiders in 2018, making him the highest-paid coach in NFL history at the time. His annual salary was estimated to be $10 million per year. However, Gruden resigned from his position in October 2021 after a series of emails containing offensive and derogatory comments were revealed by an investigation into the Washington Football Team’s workplace culture.
It is unclear how much money Gruden left behind when he resigned from his contract with the Raiders. Neither Gruden nor the Raiders have revealed if they reached a settlement or if Gruden forfeited his remaining salary. Gruden had earned about $30 million for the first three years of his contract and a portion of $10 million for the first five games of the 2021 season.
After Gruden’s resignation, Rich Bisaccia was named as the interim head coach for the rest of the 2021 season. Bisaccia was previously the assistant head coach and special teams coordinator for the Raiders since 2018. His salary as an interim head coach is unknown, but an online platform that provides information on salaries and jobs, the average salary for an NFL coach is about $70,000 per year.
The Raiders will likely hire a new permanent head coach for the 2023 season and beyond. The salary for their new head coach will depend on several factors, such as their experience, reputation, market value, and negotiation skills. Some of the potential candidates for the Raiders’ head coaching job include Eric Bieniemy, Brian Daboll, Kellen Moore, Byron Leftwich, and Todd Bowles, among others.
The Raiders’ Players Salary in 2023
The Raiders have some of the highest-paid players in the NFL on their roster, as well as some of the lowest-paid ones. The players’ salaries are determined by their contracts, which are based on various factors such as their performance, position, draft status, age, injury history, and market value.
The Raiders’ highest-paid player in 2023 is left tackle Kolton Miller, who has a cap hit of $17.7 million. Miller signed a three-year, $54 million extension with the Raiders in 2021, making him one of the top-paid offensive linemen in the league. Miller was drafted by the Raiders in the first round of the 2018 NFL Draft and has been a reliable starter for them ever since.
The Raiders’ second-highest-paid player in 2023 is wide receiver Davante Adams, who has a cap hit of $14.7 million. Adams signed a four-year, $58 million contract with the Raiders in 2022, after spending his first eight seasons with the Green Bay Packers. Adams is widely regarded as one of the best receivers in the NFL and has been a four-time Pro Bowler and a two-time All-Pro.
The Raiders’ third-highest-paid player in 2023 is defensive end Chandler Jones, who has a cap hit of $14.2 million. Jones signed a two-year, $28.5 million contract with the Raiders in 2022, after spending his previous five seasons with the Arizona Cardinals. Jones is one of the most prolific pass rushers in the NFL and has been a three-time Pro Bowler and a two-time All-Pro.
The Raiders’ lowest-paid player in 2023 is long-snapper Jacob Bobenmoyer, who has a cap hit of $660,000. Bobenmoyer signed a one-year, $660,000 contract with the Raiders in 2022, after spending his first two seasons with the Denver Broncos. Bobenmoyer is an undrafted free agent who plays a specialized role on special teams.
The Raiders’ second-lowest-paid player in 2023 is tight end Michael Mayer, who has a cap hit of $1.7 million. Mayer signed a four-year, $6.8 million contract with the Raiders as a fourth-round pick in the 2022 NFL Draft. Mayer is a rookie who played college football at Notre Dame and is expected to contribute as a backup to Darren Waller.
The Raiders’ third-lowest-paid player in 2023 is quarterback Brian Hoyer, who has a cap hit of $1.6 million. Hoyer signed a one-year, $1.6 million contract with the Raiders in 2022, after spending his previous season with the New England Patriots. Hoyer is a veteran who serves as a backup to Jimmy Garoppolo and provides mentorship to Nathan Peterman.
Conclusion
The Las Vegas Raiders are one of the most expensive teams in the NFL, with a total payroll of over $235 million for 2023. They have some of the highest-paid players and coaches in the league, but also some of the lowest-paid ones. They are currently over the projected salary cap for 2023 and will have to make some adjustments to get under it before the start of the new league year.
The Raiders have invested heavily in their offense, especially their offensive line and their receiving corps. They have also added some key pieces to their defense, such as Chandler Jones and Marcus Peters. However, they still have some areas of need that they will have to address in the upcoming free agency and draft.
The Raiders are hoping to compete for a playoff spot in 2023 and beyond, after missing out on the postseason for four consecutive years. They will have to overcome some challenges and uncertainties, such as finding a new permanent head coach and dealing with the fallout from Jon Gruden’s resignation. They will also have to contend with some tough rivals in their division and conference.
The Las Vegas Raiders are a team with high expectations and high costs. They are looking for a return on their investment and a chance to bring glory back to their franchise.
Most Asked Questions and Answers
Q: How much is Jon Gruden’s contract worth?
A: Jon Gruden signed a 10-year, $100 million contract with the Raiders in 2018, making him the highest-paid coach in NFL history at the time.
Q: How much money did Jon Gruden leave behind when he resigned?
A: It is unclear how much money Jon Gruden left behind when he resigned from his contract with the Raiders. Neither Gruden nor the Raiders have revealed if they reached a settlement or if Gruden forfeited his remaining salary.
