The Tennessee Titans are a little over one week away from the 2023 NFL draft, and thanks to their extension with defensive lineman Jeffery Simmons, they can now officially afford to pay their upcoming draft class.
According to Spotrac, Simmons’ extension frees up around $4.4 million in 2023, leaving Tennessee with $11.8 million in cap space.
The projected cost of Tennessee’s upcoming draft class in 2023, which is set to include six members with the Titans having a pick in every round but the fourth, comes out to $8.69 million.
Of course, that cost could go up if the Titans maneuver their way to extra picks via trades over the course of the three-day event. For now, here’s a look at how much each of Tennessee’s draft slots are projected to cost in 2023.
Round 1, No. 11 overall: $3.8 million
Base salary: $705,000
Signing bonus: $3.09 million
Round 2, No. 41 overall: $1.59 million
Base salary: $705,000
Signing bonus: $891,611
Round 3, No. 72 overall: $1 million
Base salary: $705,000
Signing bonus: $301,002
Round 5, No. 147 overall: $795,325
Base salary: $705,000
Signing bonus: $90,325
Round 6, No. 186 overall (from ATL): $757,025
Base salary: $705,000
Signing bonus: $52,025
Round 7, No. 228 overall: $733,915
Base salary: $705,000
Signing bonus: $28,915