So the Raiders declined Jacobs’ 5th year option, which means he’ll be a free agent after this season.
I don’t know what’s the deal with Jacobs and the Raiders. He performs okay, yet the Raiders never seemed to believe in him. He’s an okay pass catcher, yet they don’t utilize him as that. They pay a lot of money to backups, but don’t really utilize them, either.
Normally, that would make me speculate about character concerns. But whenever I hear interviews with him, he strikes me as humble, soft-spoken and pretty clear-minded. Maybe that’s the problem - maybe the Raiders prefer big-mouth go-getter type of guys, and that’s definitely not him. That would tell a lot more about the franchise leadership than about Jacobs himself, though.
So what’s Jacobs’ outlook for 2022 and beyond?
The Raiders are set for one helluva season, which could easily translate into Jacobs’ best season yet. Kenyan Drake didn’t prove to be much of a problem for him last year, except for the fact that he was used on most passing downs. But we already knew that the Raiders had no intention to use Jacobs as a pass catcher, so that did not come by surprise.
They drafted Zamir White in the 4th round, which makes him an intriguing prospect for 2023. If he will cut deeply into Jacobs’ 2022 production remains to be seen. He will certainly get some opportunities as a relief runner, and if he makes the best of it, it could spell immediate problems for Jacobs. But my early expectation is that Jacobs should be able to keep him in check.
For Jacobs owners who want to handcuff him, White is the right choice though, whereas Drake isn’t. Drake played (and will likely continue to play) a different role and did not see his volume increase in games where Jacobs got injured. So he’s not the right handcuff.
The Raiders also added Brandon Bolden, Ameer Abdullah and fullback Jakob Johnson in free agency, but none of them should be a serious threat for Jacobs.
The outlook for 2023 and beyond looks less promising for Jacobs. It’s hard to imagine that he will find a team that will use him as a bellcow. The best hope for dynasty owners is that he may end up in a solid RBBC where he will see more work through the air.
But while I always saw Jacobs as a rock solid back, it’s not like he set the world on fire, either. He will find a new team, provided he can stay healthy, but if he can remain a fantasy RB2 beyond this season remains to be seen.
If both the Raiders and Jacobs play as strong as expected this year, it could be a good time to trade Jacobs away during the season. If he checks in the RB10-15 range mid-season, an RB-needy contender may be ready to spend a good 2023 1st rounder on him, which could be the most value you will ever get for Jacobs.
At the same time, I’d not shy away from reaching out to Jacobs owners, either. Many of them spent the 1.01 on him in 2019, and never got that value returned. If a frustrated owner is ready to sell him for a 2nd round pick, I’d probably take my chances, especially since this draft class doesn’t provide great depth.
In a nutshell:
- 2022 outlook: strong (lower RB1 / upper RB2 range)
- 2023 outlook: uncertain, due to his contract situation
- dynasty recommendation: buy low / hold (and sell high later)