Tag: 2023 NFL Salary Cap

NFL 2023 salary cap: Eagles have most dead money, champion Chiefs least

Take a look at the dead money against the NFL salary cap. The Philadelphia Eagles have the most while the Kansas City Chiefs have the least.

The salary cap increased 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.

Other teams see hardly any relief, and one of the primary reasons is because of dead money against the salary cap. While NFL teams may trade or release players, there isn’t exactly a free lunch as teams may still owe money on the contract — hence the “dead money,” even though the player is with a new team.

Here is a look at the teams that owe the most to least dead money ahead of free agency. All salary cap figures are via Over The Cap.

Window now open for clubs to designate a Franchise or Transition Player

Beginning on February 21, 2023, NFL teams have 15 days to designate either a Franchise or Transition Player ahead of free agency.

Tuesday, February 21 marks the date NFL clubs can begin to use either the franchise or transition tag on a player they wish to keep from leaving via free agency. Teams have just a 15-day window, which will close at 1:00 p.m. PT on March 7.

With the 2023 salary cap set at $224.8 million below are the tag amounts for each position.

Franchise tag

Quarterback: 32.42 million

Running back: 10.1 million

Wide receiver: 19.74 million

Tight end: 11.36 million

Offensive linemen: 18.24 million

Defensive end: 19.73 million

Defensive tackle: 18.94 million

Linebacker: 20.93 million

Cornerback: 18.14 million

Safety: 14.46 million

Kicker/punter: 5.39 million

Transition tag

Quarterback: 29.5 million

Running back: 8.43 million

Wide receiver: 17.99 million

Tight end: 9.72 million

Offensive linemen: 16.66 million

Defensive end: 17.45 million

Defensive tackle: 16.1 million

Linebacker: 17.48 million

Cornerback: 15.79 million

Safety: 11.87 million

Kicker/punter: 4.87 million

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NFL 2023 salary cap: Which teams have the most, least space?

See where all 32 NFL teams stand with their salary cap space for the 2023 offseason.

The NFL salary cap continues to go up with all 32 teams set to work with $224.8 million in 2023.

However, not every team will start out with the same amount of breathing room.

Every NFL team has to be under the salary cap by the start of the new league year in March. For some franchises, they will easily be able to walk under the limit. Other teams will have to limbo their way under the cap.

Here is a look at the salary cap space for all 32 NFL teams following the Super Bowl. All figures are from Spotrac unless otherwise noted.

NFL sets 2023 nonexclusive franchise and transition tags amounts

With the 2023 NFL salary cap now set at $224.8 million, the amounts for the franchise and transition tags have also been revealed.

Following the announcement of the NFL 2023 salary cap, which has been set at $224.8 million, we now know the amounts for the nonexclusive franchise and transition tags as well.

Franchise tag

Quarterback: 32.42 million

Running back: 10.1 million

Wide receiver: 19.74 million

Tight end: 11.36 million

Offensive linemen: 18.24 million

Defensive end: 19.73 million

Defensive tackle: 18.94 million

Linebacker: 20.93 million

Cornerback: 18.14 million

Safety: 14.46 million

Kicker/punter: 5.39 million

Transition tag

Quarterback: 29.5 million

Running back: 8.43 million

Wide receiver: 17.99 million

Tight end: 9.72 million

Offensive linemen: 16.66 million

Defensive end: 17.45 million

Defensive tackle: 16.1 million

Linebacker: 17.48 million

Cornerback: 15.79 million

Safety: 11.87 million

Kicker/punter: 4.87 million

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Could low running back franchise tag number lead Raiders to tagging Josh Jacobs?

No position on offense or defense has a lower tag number than running back. Which means tagging Josh Jacobs could make a great deal of sense.

On the same day the NFL put out their salary cap for 2023, they released their franchise tag numbers for next season.

The one position among the figures that stands out like a sore thumb is that of running back.

A position that has lost a lot of value over recent years, it is now considered the lowest value position on either offense or defense at just a shade over $10 million.

This would have to factor into the Raiders decision making with regard to Josh Jacobs.

The NFL rushing title holder is headed for free agency if the Raiders don’t either extend him or place the franchise tag on him.

Obviously, he would be a valuable player to keep around if you’re the Raiders. But even if Jacobs wasn’t in their plans, putting the franchise tag on him would then make him a tradable commodity as opposed to simply a free agent, which at most would lead to a 2024 late third round pick.

As it stands, the Raiders figure have around $52 million in available cap money this offseason, so absorbing $10 million for Jacobs shouldn’t be an issue should they wish to hold onto him.

This should give the Raiders a lot to think about.

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Effective salary cap space for all 32 NFL teams in the 2023 league year

How much is your favorite team over or under the 2023 salary cap of $224.8 million?

When the NFL announces the salary cap for the upcoming league year, which it did on Monday, some teams are very excited by the prospect of that number.

For other teams, the accounting/reckoning is soon coming due.

As Tom Pelissero of the NFL Network reported, the 2023 salary cap will be $224.8 million, an all-time high, and quite a bump from 2022’s $208.2 million. You would think that this would have every NFL team in high cotton from a player payroll perspective, but as our friends at OverTheCap.com point out, there are just 15 teams — just under half the league — under that number in Effective Salary Cap Space (the cap number against the actual payroll, plus what it will take to sign at least 51 players and the rookie class) as we stand today.

Of course, all kinds of things are coming for the team in need of offsets. Players will be released, contracts will be restructured, and cans will be kicked down the road so that all teams can be in compliance with the cap when the new league year begins.

So, there’s a lot that’s going to happen, but as it stands now, here’s how all 32 NFL teams stand on either side of 2023’s $224.8 million salary cap, from the most under the cap to the most over. Teams over the cap have their totals represented in parentheses as negatives.

(All salary cap numbers courtesy of OverTheCap.com).

What salary cap space is available for the Commanders in 2023?

How much cap space do the Commanders have in 2023?

How responsibly have the Commanders been managing the salary cap, moving into next season?

In comparison with other NFL teams, how do the Commanders rank, involving available cap space for next season?

The agreement between the NFL and its players regarding the amount of money a team can spend on player contracts is the NFL salary cap.

The Commanders and all other teams will not be permitted to exceed this salary cap for any reason whatsoever. Consequently, unlike other pro sports, it is a legitimate cap, an actual cap.

Washington is currently in the middle of the pack at No. 16 among NFL teams regarding 2023 cap space available. The Commanders, for now, will have $12,549,082 accessible.

As for the NFC East, the New York Giants are sitting somewhat wealthy right now with all sorts of flexibility. The Giants have the most cap space ($54,771,480) open in the division and currently the third most in the entire NFL.

Immediately following the Commanders (2nd in the division, 16th in the NFL) is the Philadelphia Eagles. $192,839,463 is allocated to the salary cap for next season, meaning the Eagles have $10,204,438 existing cap space remaining.

The Cowboys currently have $214,102,207 designated in contracts toward next season’s cap. As for cap space available, the Cowboys are last in the division and 19th overall in the league, with $5,858,346 open to them.

The dreaded contracts that are overpriced and lead to dead-cap money are again a place where Washington needs to improve in how it approaches signing players.

Commanders no longer on the roster whom we know will count as hefty dead money against the 2023 cap are: William Jackson III ($9,000,000) and Landon Collins ($4,650,000).

Salary-cap numbers are courtesy of Spotrac. 

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