The Las Vegas Raiders are releasing wide receiver Hunter Renfrow when the new league year begins later on Wednesday, according to a source. Renfrow was to count $13.7 million against the 2024 salary cap. Along with Renfrow, quarterback Jimmy Garoppolo is being released, as expected. The move to cut Renfrow saves the Raiders $8.21 million in cap space this year. The 28-year-old veteran had a career year in 2021 by catching 103 passes for 1,038 yards and nine touchdowns, but he had just 61 combined receptions for 585 yards and two touchdowns in 27 games the last two years, making him an easy salary cap casualty this year. Depending on what other additions Vegas makes at the receiver position, Tre Tucker currently stands to benefit as the team's No. 3 wideout with the subtraction of Renfrow, behind top receivers Davante Adams and Jakobi Meyers.

From RotoBaller

The Athletic's Tashan Reed suggests that Las Vegas Raiders wide receiver Hunter Renfrow is a cut candidate this offseason. Renfrow was excellent in 2021, was named a Pro Bowler and was rewarded with a two-year, $32.3 million contract extension the following offseason that felt like a no-brainer at the time. But the extension has aged poorly. Renfrow couldn't stay healthy in 2022, played a career-low 35 percent of the offensive snaps last year, and has made just 61 catches since signing his extension. The Raiders would save around $8.1 million while taking a dead-money hit of $5.5 million if they cut or trade Renfrow before June 1. If they cut or trade him after June 1, they'll free up $11.8 million in salary cap space for 2024 while taking a dead-money hit of $1.8 million this year and a dead-money hit of $3.6 million in 2025.

From RotoBaller