The Las Vegas Raiders have made a Very Amazing decision on this suspension of the coach..

The Las Vegas Raiders have made a significant financial move official as they enter June. Earlier this offseason, the Raiders decided to cut quarterback Jimmy Garoppolo, designating the cut to take effect post-June 1. This strategic decision, while requiring months of patience, has now paid off as the team will receive a substantial $24 million infusion of cap space, per The Sporting News’ Mike Moraitis.

According to Spotrac, the post-June 1 designation allowed the Raiders to spread out Garoppolo’s dead-cap hit over multiple years, easing the financial burden. Specifically, the Raiders will carry a $4.26 million dead-cap hit in 2024 and a $12.8 million hit in 2025. This arrangement significantly alleviates their immediate financial load, giving them ample room to maneuver under the salary cap.

Garoppolo’s short tenure with the Raiders ended abruptly and somewhat unexpectedly. The quarterback’s suspension for performance-enhancing drugs (PEDs) last season voided an $11.25 million salary guarantee, turning out to be an unforeseen financial boon for the Raiders. This suspension acted as a late Christmas gift for the team, providing an unanticipated opportunity to restructure their finances.

With Garoppolo’s $24 million salary off the books, the Raiders find themselves in a strong financial position. Per Over the Cap, the Raiders now boast $34 million in effective cap space, ranking them sixth in the league in terms of available funds. This windfall provides Las Vegas with significant flexibility to address key roster needs and potentially make impactful signings or extensions.

The Raiders’ newfound cap space offers them a strategic advantage as they prepare for the upcoming season. Cornerback is one position that stands out as an area in need of reinforcement. The Raiders have struggled with consistency in their secondary, and adding a high-caliber cornerback could bolster their defense significantly.