The Raiders are digging deep into their wallets to keep pace in the AFC West.
On Friday, Las Vegas reportedly inked receiver Hunter Renfrow to a two-year, $32 million extension, with $21 million guaranteed. The 26-year-old deserves it after catching 103 passes last season — third-most in team history (Darren Waller, 107, 2020; Tim Brown, 104, 1997) — and hauling in nine touchdown passes.
The re-up is the latest offseason move for new GM Dave Ziegler, who has locked in a core group of players that should help the Raiders stay competitive with the Chiefs, Chargers, and Broncos.
- QB Derek Carr: 3 YRS/$121.5M — $40.5M AAV (5th among QBs).
- WR Davante Adams: 5 YRS/$140M — $28M AAV (2nd among WRs).
- DE Maxx Crosby: 4 YRS/$94M — $23.5M AAV (2nd among DEs).
- WR Renfrow: 2 YRS/$32M — $16M AAV (20th among WRs).
The Raiders (10-7) reached the playoffs for the first time since 2016 but fell to the Bengals in the AFC Wild Card round — the franchise hasn’t made it past the Wild Card since 2002.
And despite the spending, it won’t be easy for Las Vegas in a division with the Chiefs and Chargers (both above .500 in ’21), as well as the new-look Broncos with QB Russell Wilson.
The Raiders are long shots for this season: Oddsmakers have them 4th in the AFC West (+650), T-10 to win the AFC (+2000), and T-17 to win the Super Bowl (+4000).