In case you didn’t know by now Al Davis is a different breed of NFL owner. The way Davis spends cash you’d assume he owned a franchise in one of the NFL’s bigger markets. On the eve of the lockout, while other owners were crying for more funding, Davis handed out contracts nearing the neighborhood of $100-million.
Just over a week ago the Raiders were $17-million in the red with a deadline looming to be under the salary cap.
Today PFT reports the Raiders are a solid $5-million beneath the cap.
What makes the near $25-million swing in cap space so impressive is that Oakland accomplished the feat without making a single personnel move. There were no trades and no cost saving cuts made, just good old fashioned accounting to restructure contracts and payments in order to be in compliance with the league mandate.
To be sure the Raiders saved themselves considerable cash by allowing both Nnamdi Asomugha and Zach Miller to walk. Then there’s Kamerion Wimbley’s contract that alleviated the necessity for the expensive franchise tag. Also, the ruling on Michael Bush’s ineligibility for unrestricted free agency gave the Raiders a reprieve if only for this year.
Say what you will of Mr. Davis but he’s got a solid group in the front office working tirelessly to do his bidding. Not many teams could have pulled off what Oakland did without making some major roster moves.
While Al gets props for his creative accounting, his efforts mean little if the remaining cash isn’t put to good use. There is still enough cap space to find some help in the secondary or for the offensive line. After all this is professional football where adding up wins is the only accounting category that really matters.