Applying the franchise tag to running back Josh Jacobs was the prudent move by the Las Vegas Raiders. It allows the team to retain negotiating rights with the 2022 rusher leader and gives both parties until July 17 to come to terms with on long-term deal.
The immediate effect of the franchise tag, however, is the $10.091 million cost for the designation. That number hit the Raiders cap space on the spot. Yet despite that, Las Vegas has headroom to make maneuvers in free agency — if it chooses to do so.
Let’s look at the particulars for a moment:
Map The Cap
- 2023 NFL Salary Cap: $224,800,000
- Raiders cap space: $39,077,038
- Raiders dead money: $29,402,499
- Raiders highest cap number: Maxx Crosby ($20.