According to language in the re-structured contract of Raiders veteran defensive tackle Richard Seymour, said contact became voidable if Seymour was on Oakland's roster five days after Super Bowl XLVII.
And according to the National Football Post (the Raiders do not comment on contract matters), that is exactly what happened on Friday, making the Raiders' announcement back on Dec. 21 that Seymour would be among 17 players eligible for unrestricted free agency in 2013 a reality.
It also cleared $5.419 million of cap space for 2013, meaning the Raiders should now be under what is expected to be the salary cap of $121 million. In fact, according to documents obtained by CSNCalifornia.com, the Raiders currently have a salary cap number of $119,125,349.00.
Sound good? Well, that figure is based on just 37 players still under contract, and includes $13.714 million in "dead money" to Seymour. Yes, even though he will not be on the team in 2013, Seymour will carry that large of a cap number.
It's a pretty hefty price to pay for a 33-year-old who had just 15 tackles with three sacks and missed the final eight games of the 2012 season with knee and hamstring issues.
Seymour never got the Raiders over the top -- though he did help in the development of Tommy Kelly and Desmond Bryant -- after being acquired by Al Davis from New England for a first-round draft pick in 2009.
But consider this: the Raiders actually save $30 million in "real money," base salary, through 2016 by parting ways with Seymour now.
According to the report, because Seymour did not play a certain amount of downs, the contract became voidable by the team. And since it was the team that voided the contract, the dead money remained, well, alive for 2013.