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.