Raiders.com Transactions page shows that Kwame Harris and Justin Griffith were released today.
Griffith was on the last year of his 3 year deal and was set to earn $1.1 million plus some of his signing bonus, so this move likely saves the Raiders just over $1M in cap space. The fact that he got cut either signals that he wasn't rehabing from his ACL injury particularly well or that Oren O'Neal is further along than we have been told. Or, it could be that the Raiders are confident that Marcel Reece can step in and be the West Coast-style FB/H-Back and add another offensive weapon to our team. Either way, good luck Justin.
Harris' release was much more expected, and releasing him saves the Raiders $7.2 million in cap room. Harris struggled at LT all season, giving up too many sacks and commiting too many penalties. Still, Cable invested a lot in Harris' reclaimation project and you may see Harris re-sign with the Raiders at a later date for a significantly reduced rate.
Also, ProFootBallTalk.com is reporting that Tommy Kelly has restructured his contract to save the Raiders some cap space.
[T]he Raiders converted a $4.5 million roster bonus into a guaranteed payment, reducing the cap charge in 2009 resulting from the payment.
Kelly also is due to receive a $2.5 million salary in 2009.
Still no word on Javon Walker, but the Raiders may be negotiating an injury settlement with him to avoid the $5 million injury bonus.
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