The 2024 NFL league year is about a week away and teams are working to clear space. For eight teams, there’s work to be done before they’re even under the $255.4 million salary cap for next season. There were also eight teams that saw a chunk of their space disappear Tuesday when they used the franchise tag.
That included the Jacksonville Jaguars, who applied the tag on Josh Allen and are now set to pay him $24,007,000 in 2024. But also on Tuesday, the Jaguars cleared $20,166,588 in cap space by releasing defensive lineman Folorunso Fatukasi, safety Rayshawn Jenkins, and cornerback Darious Williams.
With free agency set to begin on March 13, here’s how every team ranks in terms of cap space now that the franchise tag deadline has passed:
1
Washington Commanders ($91,542,471)
2
New England Patriots ($88,751,054)
3
Tennessee Titans ($75,817,844)
4
Houston Texans ($70,000,173)
5
Arizona Cardinals ($56,842,512)
6
Chicago Bears ($56,465,957)
7
Detroit Lions ($51,487,221)
8
Indianapolis Colts ($49,348,378)
9
Cincinnati Bengals ($48,551,440)
10
Las Vegas Raiders ($42,035,109)
11
Philadelphia Eagles ($41,916,729)
12
Los Angeles Rams ($40,873,495)
13
New York Giants ($38,288,933)
14
Atlanta Falcons ($37,457,401)
15
Minnesota Vikings ($37,116,005)
16
Seattle Seahawks ($36,220,809)
17
Jacksonville Jaguars ($24,598,300)
18
Tampa Bay Buccaneers ($20,905,002)
19
New York Jets ($20,705,353)
20
Green Bay Packers ($13,628,514)
21
Carolina Panthers ($11,911,547)
22
Pittsburgh Steelers ($7,999,755)
23
Cleveland Browns ($6,799,577)
24
Kansas City Chiefs ($3,462,361)
25
San Francisco 49ers (-$285,281)
26
Baltimore Ravens (-$9,565,381)
27
Dallas Cowboys (-$10,603,247)
28
Denver Broncos (-$16,354,889)
29
New Orleans Saints (-$17,102,634)
30
Miami Dolphins (-$18,827,846)
31
Los Angeles Chargers (-$19,174,997)
32
Buffalo Bills (-$40,679,881)
