Raiders to move on from Geno Smith after one season despite $75 million extension: reports
The Las Vegas Raiders are reportedly set to part ways with quarterback Geno Smith, who they traded for last season and signed to a lucrative extension, after a disappointing performance.
The Las Vegas Raiders are making the decision to move on from quarterback Geno Smith following a less-than-stellar season, during which he led the NFL with 17 interceptions. After acquiring Smith in a trade with the Seattle Seahawks, the Raiders had high hopes for his performance, signing him to a two-year, $75 million contract extension. However, after just one year, it seems the team is ready to cut ties, indicating significant dissatisfaction with his on-field production.
Should the Raiders fail to find a trade partner before the new league year begins, Smith is expected to be released. This move is designed to mitigate financial strain, as releasing him would inflict an $18.5 million dead cap hit but will provide the team with $8 million in salary cap relief. Furthermore, the Raiders will prevent triggering an additional $8.5 million in guaranteed money by making this decision ahead of the critical deadline.
Geno Smith's fate with the Raiders comes as both he and head coach Pete Carroll are leaving the franchise they were brought together for. The Raiders' search for a better quarterback solution reflects their urgency to improve next season, especially after disappointing performance metrics last year. The implications of this decision will also influence the Raidersโ future roster strategy and potential trades or acquisitions as they seek to rebound in the upcoming season.