The Raiders Turned $650,000 Into a Third-Round Pick

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At first glance, the case against Las Vegas is easy to make. Minnesota looked desperate after Carson Wentz’s Monday-night meltdown. The Vikings clearly weren’t comfortable turning to Kyler Murray, and they weren’t ready to hand the job to Max Brosmer. Las Vegas seemingly had leverage. Did the Raiders really maximize it?

Maybe not in the way fans wanted. But there’s a crucial counterargument: Minnesota wasn’t sitting by the phone waiting for one team to name its price. The Vikings were working through a broader list of options. If Las Vegas had tried to squeeze too hard, Minnesota could have gone elsewhere — and the Raiders would have been left with nothing.

Las Vegas was also always heading toward Fernando Mendoza at some point, perhaps after the Week 13 bye against the Chargers. Instead of waiting, the Raiders accelerated the transition and turned a quarterback they were planning to move on from into an asset.

They also avoided a $10 million guaranteed 2027 roster bonus — a mechanism structured so Atlanta would absorb $8.7 million of Cousins’s $10 million 2026 compensation. In the end, Las Vegas paid only half of Cousins’s $1.3 million base salary.

That means the Raiders got nine games from Cousins, including four wins, plus a valuable mentor for Mendoza. And they essentially bought a third-round pick for $650,000.

For context, back in 2017, Cleveland bought a second-round pick from Houston for $16 million by absorbing Brock Osweiler’s unwanted salary. If a second-rounder was worth $16 million then, a third-rounder now is certainly worth more than $650,000.

So this was a win for the Raiders. It was a win for the Vikings, who get a starter for the rest of the season. And it was a win for Cousins, who no longer has to look over his shoulder at Murray, Wentz, or Brosmer.

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