Tag: NFL salary cap

Commanders release veteran tight end Logan Thomas

The Commanders are moving on from Logan Thomas, too.

The Washington Commanders are moving on from veteran tight end Logan Thomas. On Friday, the team announced it had released tight end Logan Thomas and left tackle Charles Leno Jr.

Thomas, 32, signed a two-year contract with Washington in 2020 and was one of the most successful free-agent moves of the Ron Rivera era. In his first season, Thomas enjoyed a breakout campaign, catching 72 passes for 670 yards and six touchdowns.

Before the 2021 season, the Commanders signed Thomas to a contract extension, but injuries would follow him throughout the next three seasons.

In 2021, a hamstring injury cost him several games, and when he returned, a dirty hit by a Raiders defensive end sidelined him with a torn ACL. Thomas would return for the start of the 2022 season, but he wasn’t the same, at least initially.

He appeared in 16 games last season, catching 55 passes for 496 yards and four touchdowns. In his four seasons in Washington, Thomas appeared in 52 games, with 184 receptions, 1,685 receiving yards and 14 touchdowns.

Coming to Washington was a homecoming for the former Virginia Tech quarterback. Thomas was a record-setting quarterback for the Hokies and came into the NFL as a quarterback. He changed positions a few years into his career and enjoyed success.

Thomas, like Leno, was a beloved locker-room leader.

Commanders to release left tackle Charles Leno Jr.

Commanders move on from veteran left tackle Charles Leno Jr.

The Washington Commanders began clearing more salary cap space on Friday by releasing veteran left tackle Charles Leno Jr.

Leno, 32, signed with Washington in May 2021 after the Chicago Bears released him. Leno spent the first seven years of his career in Chicago. He made the Pro Bowl in 2018 with the Bears. A seventh-round pick from Boise State in the 2014 NFL draft, Leno appeared in 102 games with 94 starts for Chicago.

In Washington, Leno initially signed a one-year deal. However, late in the 2021 season, he signed a three-year extension. In three seasons with the Commanders, Leno started all 47 games he played. He did not miss a game during his first two seasons but missed the final four games of the 2023 season.

According to Ian Rapoport of the NFL Network, Leno is scheduled for hip surgery next week.

Leno was a steady presence for Washington’s offensive line, which struggled overall. Leno was active in the community, participating in multiple charities, and was a finalist for the Walter Payton NFL Man of the Year award.

Leno’s wife,  Jen, took to X to thank the Washington community.

 

View the salary cap space for all 32 NFL teams ahead of free agency

Ahead of NFL free agency, Tennessee has the most salary cap space in the league. The Broncos rank among the bottom-four teams in cap space.

The NFL announced its 2024 salary cap ($255.4 million per team) last week, and it’s a massive increase from last year ($224.8 million).

The rising salary cap is good news for the Denver Broncos, who are expected to lose a significant amount of cap space when they release quarterback Russell Wilson.

The Broncos have several notable in-house free agents the team will likely want to re-sign, so Denver will need to make some cap-related roster moves to create more cap space ahead of free agency.

NFL teams can begin negotiating with pending free agents from other teams on March 11, but no deals can become official until the new league year begins on March 13.

The Broncos have the fourth-worst cap situation in the league.

Keep in mind that these numbers are subject to change quickly as teams make roster moves. The numbers are also projections (courtesy of OverTheCap.com), so the cap space for some teams might not be exact.

With that in mind, here’s a quick list of the salary cap space for all 32 teams ahead of the official start of NFL free agency later this month.

Ravens’ biggest winners from NFL raising the 2024 salary cap to $255.4M

We’re looking at the Baltimore Ravens biggest winners from the NFL raising the salary cap to $255.4 million

The 2024 NFL offseason is underway for Baltimore, and the Ravens’ focus will shift to reshaping the roster on both sides.

The NFL announced a massive $30.6 million increase from 2023, under the original salary cap set in 1994 of $34.6 million.

The 2024 cap is officially $255 million, and where things currently stand, Baltimore is expected to have roughly $18,538,828 available, according to Over The Cap.

The Ravens are set to have 26 pending free agents, and with another likely retool schedule on defense, the organization could conjure up a scheme for more flexibility.

With the added cap space now official, we’re looking at the biggest winners from the news.

Ranking every NFL team’s salary cap space from 1-32 with the Commanders at the top

The Commanders are in excellent shape, while the Bills and Saints have some work to do.

NFL free agency opens next month, and now teams know how much they can spend.

On Friday, the NFL revealed the 2024 salary cap would be $255.4 million — an increase of $30 million per NFL team from the 2023 season. It was the largest year-to-year increase for the salary cap since its inception in 1994.

This was good news for the Washington Commanders and new general manager Adam Peters. No NFL team has more cap space than Washington in 2024, and Friday’s news gives the Commanders even more room to bring in outside talent. The salary was projected at around $242 million.

Peters has stated Washington will be a draft-and-develop team, using free agency to supplement the roster. Still, with so many holes in the first year of a new regime, the Commanders could use free agency to improve quickly in 2024.

How much cap space does the rest of the NFC East have in 2024? Courtesy of Over the Cap, we’ve ranked every NFL team’s cap space from 1 to 32.

NFL sets the salary cap for 2024; Lions rank 6th in available cap room

The cap went up over $30M from 2023, giving the Lions more room to operate in free agency or extending players

The NFL revealed the official salary cap limit for the 2024 season at a significantly higher figure than last year’s cap. The cap jumped up some $30.6 million to $255.4 million for each team.

From the NFL’s press release,

The NFL announced today that the 2024 Salary Cap will be $255.4 million per club, with an additional $74 million per club payment for player benefits, which includes Performance Based Pay and benefits for retired players. Total 2024 player costs will be $329.4 million per club, or more than $10.5 billion league-wide.

With the new figure, the Detroit Lions have $55,919,783 in available cap room per Over The Cap. That’s a figure around $12 million higher than was anticipated, giving the Lions more cap room to extend contracts, sign outside free agents or stow away and roll over into the 2025 cap. Detroit’s figure is the sixth-most available cap room of any team at the start of the NFL Scouting Combine.

NFL sets 2024 salary cap at $255.4 million, Commanders gain nearly $13 million more than anticipated

Even more good news for Washington ahead of free agency.

Earlier this week, it was revealed the 2024 NFL salary cap would be higher than anticipated, perhaps closer to $250 million.

On Friday, just ahead of next week’s NFL combine in Indianapolis, the league revealed the 2024 salary cap — a significant jump.

The NFL set the 2024 cap at $255.4 million, a $30.6 million increase from 2023. It’s the most significant increase since the NFL introduced the salary cap in 1994.

No team enters free agency with more cap space than the Washington Commanders, and that number is now $87 million, according to Over the Cap. Washington has $75.2 million in effective cap space, a projection after the team signs its draft class and top 51 players.

Over the Cap and Spotrac had projected the 2024 salary cap to be around $242 million.

Why the increase? This is from the NFL, via Ian Rapoport.

The unprecedented $30M increase per club in this year’s Salary Cap is the result of the full repayment of all amounts advanced by the clubs and deferred by the players during the Covid pandemic as well as an extraordinary increase in media revenue for the 2024 season.

Adam Schefter released the following graphic showing the increase in the cap in each year since 1994.

Ranking all 32 teams (including the Ravens) after NFL sets 2024 salary cap at $255.4M

After the NFL announced a $255 million ceiling, the Baltimore Ravens are 20th in salary cap space with $18.5 million

The 2024 NFL offseason is underway for Baltimore, and the Ravens’ focus will shift to reshaping the roster to fit two new coordinators on both sides of the ball.

The NFL announced a massive $30.6 million increase from 2023, under the original salary cap set in 1994 of $34.6 million.

The 2024 cap is officially $255 million, and where things currently stand, Baltimore is expected to have roughly $18,538,828 available, according to Over The Cap.

The Ravens are set to have 26 pending free agents, and with another likely retool schedule on defense, the organization could conjure up a scheme for more flexibility.

By making these six moves, Baltimore can easily create $51 million in cap space.

Look at how all 32 teams rank regarding available cap space, with March fast approaching via Over The Cap’s updated calculations.

NFL salary cap increases to $255.4 million for 2024

The number is about $13 million more than estimates, which could help out the Bucs in retaining some of their numerous free agents.

The official 2024 salary cap number is here — and it’s much bigger than expected.

The NFL announced on Friday that the salary cap is set at $255.4 million dollars, largely due to the repayment of advanced and deferred money from the COVID-19 pandemic during the 2020 season. This is a pleasant surprise for NFL teams around the league, as it’s a $30 million increase from 2023 and $13 million more than Over the Cap projected to be the salary cap heading into 2024.

This is of course nice for every NFL team, but it’s definitely a bit of a boon for the Tampa Bay Buccaneers. The Bucs have numerous free agents like wide receiver Mike Evans, quarterback Baker Mayfield, safety Antoine Winfield Jr. and linebacker Devin White, and this unexpected jump in salary cap could be the difference in keeping a player that might have departed under previous projections.

As it stands right now, Over the Cap projects the Bucs as now having $45,521,102 dollars in cap space, which could help in their quest to get some players back for 2024. This doesn’t account for incoming incentives for Mayfield and a pay bump for center Robert Hainsey, but money can (and likely will) be freed up with post-June 1 cuts to Russell Gage and Ryan Jensen.

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2024 NFL salary cap is set: Raiders currently top ten in cap space

2024 NFL salary cap is set: Raiders currently top ten in cap space

The salary cap for the 2024 season is finally set. It jumped a record $30.6 million this year to land at $255.4 million this season.

With the cap set, so too is the amount of cap space each team has to work with this offseason. Here is the top ten according to Ovcerthecap.com:

1. Commanders $87,049,626
2. Patriots $82,927,006
3. Bears $80,396,157
4. Titans $78,648,381
5. Bengals $72,836,373
6. Colts $72,337,573
7. Texans $67,583,290
8. Lions $63,743,386
9. Cardinals $55,115,463
10. Raiders $48,653,311

As you can see, the Raiders land just inside the top ten in available cap space.

That number could go up as there are a few players whose cuts could offer some addition cap relief. They could add in excess of $30 million with a few potential cuts. Which would give them around $79 million in cap space, moving them into the top five as it currently stacks up.

That’s a good position to be in heading into free agency being that they will have some needs to address on both sides of the ball.