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The NFL offseason is officially underway, as the combine takes place this week, while free agency begins next week. 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 Feb. 26
Commanders
$79,614,671
Titans
$78,524,381
Bears
$78,335,157
Patriots
$78,070,006
Colts
$72,075,573
Texans
$67,321,290
Lions
$57,614,821
Cardinals
$51,104,463
Bengals
$50,670,373
Buccaneers
$43,682,067
Raiders
$42,936,109
Rams
$39,905,695
Vikings
$35,807,132
Panthers
$34,572,274
Falcons
$33,004,013
Giants
$30,601,691
Eagles
$27,469,811
Jaguars
$24,421,167
Chiefs
$17,139,240
Ravens
$16,631,328
Jets
$12,756,122
Seahawks
$12,569,647
Steelers
$8,906,955
Packers
$2,340,288
49ers
-$5,046,251
Browns
-$7,758,897
Cowboys
-$9,863,127
Broncos
-$16,811,078
Chargers
-$25,607,797
Dolphins
-$29,069,894
Saints
-$39,879,497
Bills
-$43,815,909
The Commanders, who also hold the No. 2 overall pick in the 2024 NFL Draft, lead the way with over $79 million in available funds. It’s a good thing, because they have plenty of holes to fill on both sides of the ball. The Titans will be an interesting team to watch as well. They have the second-most available money as it stands, and are prepared to undergo a change in identity with Brian…
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