As of 1 pm Pacific time (4 pm ET) Monday NFL teams can sign any free agent they wish and that player will not count against the compensatory pick formula. And at this moment, despite the Raiders are in the black.
Despite adding more than 20 players in free agency, most of them won’t count against the formula. As far as those who do count against the formula, the Raiders lost six and gained three, putting them at a total of three compensatory picks according to over the cap.
WR Zay Jones (Jaguars) — Round 5
DT Quinton Jefferson (Seahawks) — Round 6
LB Nicholas Morrow (Bears) — Round 7
Meanwhile, the losses of Marcus Mariota (Falcons), Casey Hayward (Falcons), and Brandon Facyson (Colts) are canceled out by the additions of Chandler Jones, Bilal Nichols, and Anthony Averett.
Those free agents who don’t count against the formula include the loss of Solomon Thomas (Jets) and the additions of Darius Phillips, Brandon Bolden, Mack Hollins, Micah Kiser, Vernon Butler, and Jayon Brown.
And, of course, the additions of WR Davante Adams and CB Rock Ya-Sin don’t count because they were acquired in trade, not free agency.