Latest Update: RB Josh Jacobs & Raiders Contract Extension Negotiations Shows Certain Developments
It was anticipated that the two parties couldn’t bridge a sizable wage disparity when the Raiders and running back Josh Jacobs failed to reach an agreement before today’s deadline.
However, it seems like the running back and the Raiders were genuinely on good terms, so there might be cause for hope going into the upcoming summer.
Latest Update: RB Josh Jacobs & Raiders Contract Extension Negotiations Shows Certain Developments
Saquon Barkley, Tony Pollard, and Jacobs were three running backs that were franchise tagged this offseason. Although each running back will receive a guaranteed $10.1 million this season, all three want to sign long-term contracts.
PRETTY CRAZY: Josh Jacobs was so close to signing an extension with the #Raiders that he was sitting in a car in the parking lot of the team facility with his teammate Maxx Crosby waiting at the deadline, ready to sign the contract if it got done between the team and his agents,… pic.twitter.com/qQ4rBHfjr1
— MLFootball (@_MLFootball) July 18, 2023
A day later, NFL Network’s Tom Pelissero provided further information on the talks between the parties.
“How close was Josh Jacobs to signing an extension with the #Raiders? He was sitting in a car in the parking lot of the #Raiders facility with teammate Maxx Crosby at the deadline, ready to sign if it got done. It didn’t, and now it’s unclear when the rushing champ will return.”
Both the Raiders & Josh Jacobs’ team deserve blame for a deal not getting done.
Josh McDaniels and Dave Ziegler offered a RB multiple contract extension offers in the same offseason he said he’d be willing to play on the tag. #RaiderNation pic.twitter.com/e0Rb9W4Z01
— Raiders Report Mitchell Renz (@MitchellRenz365) July 19, 2023
In the meanwhile, Tom Pelissero of NFL Network tweets that Jacobs was really waiting to sign an extension while sitting in the Raiders facility parking lot just before the deadline.
Jacobs won’t be penalized for missing sessions since he hasn’t signed his franchise tag. It therefore seems unlikely that the running back will arrive at training camp on schedule. Jacobs may also make a threat to skip regular-season contests in an effort to prevent injury and maintain his stock worth for the next season.
https://twitter.com/NFLNotify/status/1681033988151074816?s=20
He would also be giving up a portion of his $10.09MM franchise value, and there is no assurance that he would receive a sizable offer on the other side.
This summer, the Raiders gave Jacobs the franchise tag ($10.1 million price tag in 2023) but the running back has not yet agreed to terms.
Understand the analytic shift towards running backs but it is still absolutely crazy when someone like Josh Jacobs can be 1st team All-Pro at 25 years old and garner no interest in a contract extension.
Horrible market for that position. Wonder how they inevitably adjust…
— John Crumpler (@JohnHCrumpler) July 17, 2023
In 2022, Jacobs had a career year, running for 1,653 yards and 12 touchdowns on 340 attempts across 17 games.
What then was Jacobs seeking in his subsequent pact? We don’t know the specific figures, but the running back tweeted that he wasn’t trying to “reset the market” at the position, only looking for “security.”
FOR MORE SPORTS COVERAGE-
