Raiders To Release QB Geno Smith

Smith’s future has been in question since Vegas secured the No. 1 pick in April’s draft. Earlier this week, signs increasingly pointed to a release taking place in the event no trade partner was found. Suitors will no doubt wait for Smith to become a free agent before making a push to acquire him.

The 35-year-old does not appear to be particularly downtrodden over today’s development, given his reaction on social media. Smith will become one of many veteran quarterbacks on the market with free agency looming. A long-term commitment would come as a surprise, but NFL insider Jordan Schultz reports multiple teams are expected to show interest in this case.

The Seahawks brought in Klint Kubiak as their offensive coordinator last offseason. That set up a potential pairing with Smith, but with Seattle bringing in Sam Darnold Smith wound up being dealt to Vegas. Immediately after the Super Bowl, Kubiak was hired by the Raiders as their new head coach. Once again, though, no time will be spent with Smith in his case. A parting of ways points even further to Vegas selecting Fernando Mendoza first overall in April.

That remains the widespread expectation, but Dianna Russini of The Athletic cautions the Raiders’ preference would be to have Mendoza sit at the beginning of his rookie campaign. If insurance for the Heisman winner is to be added, Russini points to free agency as the route GM John Spytek and Co. will take. Vegas is not lacking in cap space, so finances will not be an issue when QB options are evaluated.

Cutting Smith will yield $8MM in cap savings while generating a dead money charge of $18.5MM. He was on course to see $8MM in 2026 compensation become guaranteed on March 13, leading to the timing of this decision. Smith will join Kyler Murray and – in all likelihood – Tua Tagovailoa as starting quarterbacks released by their respective teams. Their free agent prospects will be worth watching closely once the new league year begins next week.

In 2022, Smith earned Comeback Player of the Year honors with a strong Seattle showing. The team’s Russell Wilson replacement led the NFL in completion percentage that season, and in the following year he secured a second straight Pro Bowl nod. Smith landed a new Seahawks contract in 2023, and he inked a two-year, $75MM pact upon arrival in Vegas. A less lucrative deal is no doubt coming this time around after the former second-rounder topped the league in interceptions (17) in 2025.

Offensive success proved highly difficult to come by for Vegas this past season. Kubiak and a much different coaching staff is now in place, and his ability to develop Mendoza and a core led by tight end Brock Bowers and running back Ashton Jeanty will be critical moving forward. Smith will not be part of that effort, as his next NFL opportunity awaits.