Raiders: What would a new contract for Hunter Renfrow look like?
Can it be done?
On the high end, Renfrow is likely to get a contract for around four years, 80 million dollars. This would make him a top ten receiver in terms of annual value, while also putting him above players such as Christian Kirk and Kenny Golladay who he is undoubtedly better than.
In 2022, the Raiders have just over five million in cap space. However, in 2023, the team will have likely closer to 30 million after releases and restructures. While this would allow them to fit a 20+ million dollar deal for Renfrow, does it make sense? Of course, a team can only tie so many resources into one position.
Currently, the Chargers have the highest-paid receiving duo in the league as both Mike Williams and Keenan Allen are in the top ten at their position. If the Raiders were to give Renfrow a contract worth 20 million per year, they would join the Chargers as well.
Realistically, Renfrow is unlikely to repeat the performance he had last season. With Adams now on the roster and a healthy Waller, there are only so many targets to go around this season. With a decrease in his counting stats, his eventual contract demands may drop.
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Even still, the Raiders are highly likely to have two top fifteen wide receiver contracts on the books. It remains to be seen if new general manager Dave Ziegler is willing to spend that much on the receiver position but, with players like Adams and Renfrow, he may not have a choice.