The NFL’s June 1 date is just 24 hours away, and with that you can expect some trades, shocking releases and team salary caps impacted by dead money going on or off the books.
So what is dead cap?
Any future, unpaid, guaranteed salary or bonus or any already paid signing bonus that hasn’t yet been allocated to the salary cap becomes the responsibility of the team in the event of a release.
The salary cap will increase to $224.8 million for the 2023 season.
For some teams, the slight increase in cap space provides a little breathing room to retain players on expiring deals or acquire talent that could help them succeed in the upcoming season.
With OTAs underway, we’re breaking down the Eagles $54 million in dead cap space, fourth among all NFL teams.