
When it comes to the salary cap, one thing teams try to do is compile as little dead money as possible each year, money that is counting against the cap from players that are no longer on the team. Depending on the situation, teams may be willing to eat a lot of dead money. See the Falcons with QB Matt Ryan, the Eagles with QB Carson Wentz and the Cardinals with WR DeAndre Hopkins as recent examples.
The Jets are currently fortunate enough that they are in contending mode and are carrying a small amount of dead money for 2023. Only six former players (plus Hamseh Nasirildeen) are counting against the Jets’ salary cap this season and no one is counting more than $3.3 million. The Jets have $7,947,106 in dead money, per Over the Cap. Only five teams — Bengals, Chargers, Jaguars, Bills, Chiefs — are carrying less.