The Raiders have plenty of money to spend in 2016. They’ll be spending none of it on safety Nate Allen.
Per a league source, Allen has been released after one season with the Raiders.
Signed as a free agent after five years with the Eagles, Allen appeared in five games with three starts last season, picking off one pass.
Allen signed a four-year, $23 million contract in 2015. With no signing bonus and a $4.9 million base salary that was due to become available on the third day of the 2016 league year, the Raiders walk away from Allen with no cap hit and no financial responsibility.
A vested veteran, Allen becomes a free agent immediately.