Tag: Dead Cap Hit

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.

Dead ringer: 7 largest dead cap hits in NFL history

The Atlanta Falcons are taking on the biggest dead cap hit from trading Matt Ryan. Here are the top-7 such dead money hits in NFL history.

Most NFL teams are willing to do whatever it takes to win games. To provide for a competitive advantage so that the biggest checkbooks don’t end up winning the league annually, the NFL has a salary cap in place.

There are limitations to the salary cap beyond just having a certain dollar figure to spend on player salaries. Teams also have to watch out for the dead money hits — money still owed to a player after said player has been traded or released, to put simply.

According to Field Yates from ESPN, the Atlanta Falcons have taken on the biggest dead cap hit in NFL history by trading Matt Ryan to the Indianapolis Colts. Here is a look at the top-7 such hits in league history.

Malik Jackson, Alshon Jeffery released with post June-1 designation: How that impacts Eagles salary cap

Malik Jackson, Alshon Jeffery released with the post-June-1 designation: How that impacts Eagles salary cap

As expected, the Eagles released defensive tackle Malik Jackson and wide receiver Alshon Jeffery, designating both as post-June 1 cuts.

The move freed up $4 million in cap space, but the Eagles will still carry more than $9 million in dead money from the clever restructuring of both player’s deals.

Jackson signed with the Eagles in 2019 and missed all but one game of that season with a foot injury.

He had positive moments in 2019, logging 28 tackles and 2.5 sacks last season.

Jeffery only played in seven games last year after dealing with a foot injury, catching six passes for 115 yards, and a touchdown.

The June-1 designation helped the Eagles save $12 million as well and we’ll break down just how the designation impacts Philadelphia’s salary cap.