Why would the #Raiders need cap room? Well… They had just $179,987 available as of this morning. And draft picks to sign.— Ian Rapoport (@RapSheet) May 23, 2013
This saves money now and shifts that money to next year when the Raiders are set to have around $50 million to spend under the cap.
Whether this is really about signing draft picks is debatable. The team will also get another $8 million after June 1st when Michael Huff's dead money prorates and there is no rush to sign their picks now. The team didn't sign their draft picks until July last year.