While the draft is a possibility, the team is expected to consider adding a proven target for their next quarterback. The Raiders are widely viewed as likely to use the No. 1 overall pick on Indiana quarterback Fernando Mendoza, creating an immediate demand for a reliable veteran pass-catcher to pair with him.
Alec Pierce of the Indianapolis Colts stands out as a potential fit in free agency. Pierce posted a career year in 2025, gathering 47 catches for 1,003 yards and averaging 21.3 yards per reception, a mark that ranked among the league’s best downfield accelerators. Zachary Pereles of CBS Sports has even named Las Vegas among the best fits for Pierce in free agency.
Pierce’s market could be substantial. ESPN’s Bill Barnwell has suggested the 25-year-old could command around $30 million per year, a figure that would bring franchise-tag considerations into play. The 2026 wide receiver franchise tag is projected to $28.1 million, with a second tag in 2027 potentially increasing to about $33.7 million, and a combined guaranteed total over the first two seasons approaching $62 million.
Las Vegas has the cap space to pursue such a move. Spotrac projects the Raiders with approximately $88.6 million in available salary cap space, second-most in the NFL, giving them flexibility to be aggressive in free agency after a comparatively restrained previous offseason.
With holes across the roster, the Raiders will need to balance spending with long-term value. A veteran target like Pierce would provide immediate playmaking for Mendoza, but the team could also mix in draft options to build depth and upside. Heavy Sports frames Pierce as a strong fit for Las Vegas, though whether the Raiders prioritize a high-priced veteran or a more multifaceted approach remains to be seen.