In the minutes leading up to the start of the free agent negotiation period, in a move that has been expected for some time, the Raiders are now set to release cornerback Sean Smith as first reported by NFL Network’s Ian Rapoport.
The #Raiders, who are in the market for a CB, release a former big-ticket free agent CB Sean Smith, source said.— Ian Rapoport (@RapSheet) March 12, 2018
The move has since been confirmed by several others.
Sean Smith carried a cap hit of $8.5 million with no dead money left behind, so his release is all savings. If you assume Justin Ellis’s cap hit is $5 million this season (his average on his new 3-year deal), the Raiders would have about $24 million in cap room.
The 9-year NFL veteran spent the past two seasons in Oakland, appearing in 29 games and starting 23. He has a serious legal case upcoming for assault that could lead to jail time as well as an NFL suspension. At 30 years of age, it’s possible his NFL career is done.