Ranking all 32 teams (including the Jets) by cap space going into 2024

A listing of each team’s cap space to get a sense of where the Jets currently stand before getting the work begins in the offseason.

The offseason means fans get to take a hard look at what a team’s salary cap situation looks like at the outset and how much room they have to work with for free agency and the NFL draft. Obviously, the more room the better but we also need to keep in mind that restructures can and will happen to create more space. Teams must be under the salary cap — currently projected to be around $242 million — by the start of the new league year in March. This is just a starting point for the Jets and all teams.

This will be a list of each team and how much cap space they are currently looking at as we enter the offseason. Again, just a starting point but a good starting point. This will give you a sense of where the Jets stand compared to other teams nearing the end of January. All numbers of courtesy of Over the Cap.

Ranking all 32 teams (including the Cowboys) by cap space going into 2024

A look at how each NFL club is situated against the 2024 salary cap heading into the offseason. | From @KDDrummondNFL

Dallas’ ownership went to work on Tuesday, trying to convince Cowboys Nation not to throw in the towel. Speaking from the Senior Bowl in Mobile, AL, both Jerry and Stephen Jones spoke words in an effort to mitigate the frustration and disappointment in the club’s early playoff exit, in an embarrassing double-digit defeat at the hands of the Green Bay Packers.

Dallas became the first No. 2 seed to lose to a seven, and they were the only home team to lose in the wild-card round. Fans, en masse, have let it be known they are not going to buy in to regular season success any longer. The Joneses decided to retain head coach Mike McCarthy and run it back, and that caused even more angst. On Tuesday, ownership vowed to go all in this offseason, hinting they wouldn’t be frugal in free agency.

But the Cowboys will have to do plenty of work even before free agency in order to be a part of the first wave; something they’ve avoided for over a decade. Dallas doesn’t spend on big-name free agents since they gave Brandon Carr a huge cornerback to entice the corner to join their club in 2012. To do so, they’ll need cap space, something they don’t have at the moment.

Dallas is one of 11 clubs over the expected $242 million cap for 2024. It’s going to take quite a few moves, a combination of restructures, extensions and possibly releases, for Dallas to get below the cap and start handing out deals to outsiders.

Here’s a look at how all 32 teams rank in terms of available cap space entering February. All cap space figures are courtesy of Over The Cap, and will be adjusted once all likely-to-be-earned and unlikely-to-be-earned incentives are adjusted.

Jets 2024 salary-cap projection: What the Jets could have to work with next offseason

Jets 2024 salary-cap projection: What the Jets could have to work with next offseason

The Jets made their push during the 2023 season to try and strike in what they believed what a championship window with their young and strong roster, specifically on the defensive side of the football. They’ll tell you this wasn’t an all-in for 2023, but at least a two-year window. They needed that extra time after quarterback Aaron Rodgers went down with an Achilles tear four snaps into his Jets debut and the Jets having to turn back to Zach Wilson after they spent all offseason courting Rodgers to replace Wilson.

The Jets sit at 4-5 just past the midway point of the season and the offense has been stalling again, to say the least. The Jets still have hopes for a playoff spot in 2023, but may also have one eye on the 2024 season with a healthy Rodgers. They’ll also have their first-round pick since Rodgers won’t play enough snaps to meet the 65% condition of the trade with the Packers.

As of now, the Jets have about $6.5 million in cap space for this season and about $30 million for 2024.

Let’s put one eye to the future ourselves and take a look at the Jets’ salary-cap situation for 2024. All numbers and cap hits are courtesy of Over the Cap.

Offseason absences will give Packers salary cap help in 2024

The offseason absences of Jaire Alexander and Rasul Douglas should give the Packers a $1 million credit on the 2024 salary cap.

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The $700,000 workout bonus included in the contract of Green Bay Packers cornerback Jaire Alexander wasn’t enough to get the two-time All-Pro to participate during the voluntary portion of the offseason workout program, but there is a future financial beneift to Alexander’s absences.

While the Packers won’t get immediate help on the salary cap in 2023, the team will get a $700,000 credit in 2024, per Ken Ingalls, because Alexander failed to achieve the necessary attendance for collecting the workout bonus in his deal. The same goes for cornerback Rasul Douglas, who had a $300,000 workout bonus available, so the Packers should have a $1 million credit coming on the 2024 cap.

Alexander jokingly said he would have needed a $10 million bonus to show up for the entire offseason program. His four-year, $84 million deal will still pay him almost $14 million in 2023.

It’s worth noting that Alexander remained in Green Bay after the season and will remain in town until training camp. He said he likes to work at Lambeau Field when no one else is around so he can meditate in peace and run the stadium stairs for conditioning.

Both Alexander and Douglas reported for the mandatory minicamp this week and avoided any fines for missing. The three-day minicamp ends Thursday with a team-building activity away from the practice field.

Alexander’s contract has $700,000 workout bonuses available in 2024, 2025 and 2026.

Alexander was one of three Packers players with workout bonuses of $700,000, joining David Bakhtiari and Kenny Clark, who both attended the offseason program.