Updated NFL Salary Cap Outlook for All 32 Teams Entering Week 4 of Free Agency 2024
Joseph Zucker@@JosephZuckerFeatured Columnist IVApril 1, 2024
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With the days ticking down until the 2024 NFL draft, free agency moves have all but slowed to a crawl around the league.
Some teams still have a lot of cash to burn, so that’s not necessarily the issue. Instead, general managers might by and large be waiting to see how the draft shakes out before they consider any more big additions.
Here’s a look at the salary cap situation across the league:
Salary Cap Space
Arizona Cardinals: $29,127,212Atlanta Falcons: $6,305,642Â Baltimore Ravens: $12,073,014Buffalo Bills: $7,675,107Â Carolina Panthers: $8,364,958Â Chicago Bears: $22,464,788Â Cincinnati Bengals: $23,652,449Â Cleveland Browns: $4,061,074Â Dallas Cowboys: $6,743,989Â Denver Broncos: $17,842,391Â Detroit Lions: $26,614,808Â Green Bay Packers: $21,909,437Â Houston Texans: $31,908,401Â Indianapolis Colts: $16,917,296Â Jacksonville Jaguars: $12,201,442Â Kansas City Chiefs: $6,591,337Â Las Vegas Raiders: $24,206,943Â Los Angeles Chargers: $30,649,335Â Los Angeles Rams: $14,331,807Miami Dolphins: $4,808,589Â Minnesota Vikings: $16,839,744Â New England Patriots: $46,941,659Â New Orleans Saints: $8,314,955Â New York Giants: $7,474,428Â New York Jets: $1,433,076Â Philadelphia Eagles: $31,840,427Â Pittsburgh Steelers: $14,079,907Â San Francisco 49ers: $6,777,744Â Seattle Seahawks: $2,033,670Â Tampa Bay Buccaneers: $2,539,766Â Tennessee Titans: $39,881,098Â Washington Commanders: $43,577,853Edge-rusher Jadeveon Clowney and cornerback Tre’Davious White were the most recent stars to find a new home. White inked a one-year deal with the Los Angeles Rams while Clowney signed for two years with the Carolina Panthers.
Even with a pair of multi-time Pro Bowlers off the board, defense still dominates the group of available free agents. Safeties Julian Blackmon and Justin Simmons, cornerback Stephon Gilmore, and defensive end Calais Campbell headline the group.
Simmons’ unemployment is perhaps the most perplexing. At 30 years old, age isn’t on his side, but he was a Pro Bowler who had 70 tackles, three interceptions and eight passes defended in 2023. Unlike with Gilmore, his game hasn’t fallen off significantly compared to its peak, and he doesn’t have the same kind of injury question marks that are probably hampering Blackmon’s ability to get a contract.
Surveying the offensive side of the ball, the draft could be the trigger for agreements to materialize for the notable names.
This year’s wide receiver class is stacked, with 11 wideouts among the top 60 players on Bleacher Report’s 2024 big board. You’d assume Odell Beckham Jr., Tyler Boyd and Michael Thomas will garner more interest once the draft is over and teams are out of other options to address a need in the receiving corps.
The same could be said for Ryan Tannehill. There are teams without a settled starting quarterback and could plausibly take a serious look at Tannehill if the vacancy remains after the draft.
The Denver Broncos immediately jump out because of their position in the first round (No. 12) almost certainly leaves them out of the race for even J.J. McCarthy, widely considered the fourth-best signal-caller. Say what you will of Tannehill; he’d be an upgrade over what Denver presently has in the QB room.
For Tannehill and others, they could be staying in a holding pattern for the next few weeks.