The fifth-year option would have run the Raiders $8 million in 2017, but was guaranteed only for injury and wouldn’t have prevented them from working on a long-term extension over the next year.
Hayden, 25, was taken with the No. 12 overall pick back in 2013. He’s in the final year of his four-year, $10.28 million rookie contract that included $8.048 million guaranteed and stands to make a base salary of $675,000 for the 2016 to go along with a $1.1 million roster bonus.
In 2015, Hayden appeared in all 16 games for the Raiders and recorded 70 tackles, one sack, an interception, a forced fumble and eight pass defenses. Pro Football Focus has him rated as the No. 105 cornerback out of 111 qualifying players.