Tag: Bucs salary cap 2024

Price for potential franchise tag of Antoine Winfield Jr. set

Winfield Jr. has been a notable candidate for the tag this offseason, and we now know exactly how much that tag will cost.

The financial world of the NFL experienced a seismic change Friday afternoon.  The NFL announced its 2024 salary cap will be $255.4 million for each team next season. It’s a $30 million jump from 2023’s salary cap.

The change gives way to new franchise and transition tag numbers, which will open up options for the Bucs to reclaim players during the offseason.

Tampa Bay’s 2023 All-Pro safety Antoine Winfield is one of the biggest priorities for the Bucs to sign during the offseason. Now, if Tampa Bay  franchise tags the safety, it’ll cost the team $17.1 million next season.

It’s expected the Bucs will opt to franchise tag Winfield rather than signing him to a long-term deal. If tagged, he’ll receive nearly $5 million more than what he would’ve been tagged for in 2023.

Tampa Bay’s 10 biggest salary cap hits heading into the 2024 offseason

Tom Brady is now officially off the books, so here’s what Tampa Bay’s cap situation looks like going into the offseason.

The Tampa Bay Buccaneers are heading into the offseason with some big questions in free agency.

The team has a number of free agents to pay, and the good news is that there’s a little more room to make that happen this year. Tampa Bay has the 10th-highest cap space in the league and is now free of the financial burden from quarterback Tom Brady, so they’ll have ample opportunity to try and re-sign studs like wideout Mike Evans, quarterback Baker Mayfield and safety Antoine Winfield Jr.

This is subject to change with extensions, re-signings and new additions in the coming months, but as it stands this very moment, here are the 10 biggest salary cap hits for the Bucs heading into the offseason (per Spotrac):