After heading into the 2021 free agency period as one of the most cash-rich teams in the NFL, the Jets made more ripples than splashes, adding the likes of Carl Lawson, Corey Davis and Sheldon Rankins.
The Jets entered the free agency period with more than $67 million in cap space. As they now head into April, the Jets are currently have about $21.7 million in cap space, according to a recent update from the NFLPA.
Salary cap space update from the @NFLPA, which as far as I can tell includes all the free-agent activity so far:
Giants: $4,546,073 remaining
Jets: $21,658,482 remaining
— Ralph Vacchiano (@RVacchianoSNY) April 1, 2021
Including their three biggest signings, the Jets have now added 12 total free agents. Justin Hardee, Keelan Cole, Jarrad Davis, Dan Feeney, Lamarcus Joyner, Tyler Kroft, Vinny Curry, Tevin Coleman, Del’Shawn Phillips round out the remainder of New York’s free agent signings. The Jets also re-upped Vyncint Smith and Josh Adams.
The free agency market has hit a bit of a wall after an initial first wave of signings. While on the surface the Jets appear to be limited from a salary cap standpoint, New York can still make plenty of savvy moves to free up more cap space to make a run at players like Richard Sherman, Trai Turner and Steven Nelson.
The Jets still have logical cap casualty candidates in Alex Lewis, Greg Van Roten, Ryan Griffin and Josh Doctson.
Joe Douglas would like to build his team through the draft and needs about $15 million for New York’s picks. That said, the Jets should still have plenty of financial flexibility to make moves throughout the rest of the offseason.