As the New York Jets enter the 2020 NFL Draft, they are in the top 10 in the league in available cap space.
According to Overthecap.com, the Jets have $18.8 million in cap space left after they signed a plethora of free agents this offseason. That’s good for 10th in the NFL.
However, this number is not entirely accurate because the Jets haven’t officially announced the contracts of three players that have been signed. They include quarterback David Fales, cornerback Arthur Maulet and outside linebacker Jordan Jenkins.
According to NFL Network’s Ian Rapoport, Jenkins signed a one-year deal worth $5 million, which would bring the Jets down to $13.8 million in cap space. New York will also clear $8 million in cap space after June 1 thanks to Trumaine Johnson’s departure and the NFL’s new Collective Bargaining Agreement.
Joe Douglas could still make some changes to the roster, too. Brian Winters could be cut at any moment, especially if the Jets add more linemen in the draft. Another interesting player to keep an eye out for is Avery Williamson. Coming off an ACL injury, the Jets could look to trade him or outright cut him and save $6.5 million.
At the moment, the Jets have eight draft picks on hand, so a good chunk of that remaining cap will go to rookies. New York could also accumulate more draft picks by trading down from the 11th overall pick, which would mean even more money toward the cap.
However, with Douglas likely interested in a few free agents after the draft, expect New York to free up some funds.