2024 NFL free agency: Ranking available salary cap space for all 32 teams; Patriots now have most cash

Getty Images

The NFL offseason is officially underway, as the combine takes place this week, while free agency begins in two weeks. Recently, the NFL announced that the official salary cap figure for 2024 would be $255.4 million — which is up from $224.8 million. The $30.6 million increase is the largest in free agency history.

The “football business” is doing quite well, which is good news for all 32 NFL teams, as it gives them more financial flexibility for roster building. Some teams will use this boost to be even more aggressive in free agency, while others will sit back and reconsider cost-cutting measures.

Now that we are approaching free agency, this is a good time to revisit the salary cap situations for every team. Let’s take a look. 

Salary cap figures via Over The Cap on March 2

Patriots

$101,771,054

Commanders

$91,542,471

Bears

$78,677,957

Titans

$75,675,198

Colts

$70,097,840

Texans

$69,682,172

Cardinals

$56,842,512

Lions

$52,542,221

Bengals

$48,551,440

Raiders

$42,035,109

Eagles

$41,916,729

Rams

$40,873,495

Falcons

$37,647,401

Buccaneers

$37,613,002

Panthers

$35,003,547

Vikings

$34,751,005

Giants

$32,606,580

Jaguars

$29,233,712

Jets

$20,705,353

Packers

$13,628,514

Ravens

$12,536,619

Seahawks

$12,167,477

Steelers

$7,999,755

Browns

$6,799,577

Chiefs

$3,462,361

49ers

-$285,281

Cowboys

-$10,603,247

Broncos

-$16,354,889

Saints

-$17,134,783

Chargers

-$25,674,997

Dolphins

-$31,638,623

Bills

-$41,313,381

It is now the Patriots who have the most cash available, as the release of cornerback J.C. Jackson freed up $14.4 million. Armed with the No. 3 overall pick in the 2024 NFL Draft, New England is in good position to begin the post-Bill Belichick era. The team ahead of them in the draft order, the Commanders, initially led the league in available monies. The Bears are another team sitting…

Source link : https://www.cbssports.com/nfl/news/2024-nfl-free-agency-ranking-available-salary-cap-space-for-all-32-teams-patriots-now-have-most-cash/

Author : Jordan Dajani

Publish date : 2024-03-02 16:47:19

Copyright for syndicated content belongs to the linked Source.