These 5 teams have the least amount of cap space in the NFL this offseason
The NFL salary cap will be increasing to $255.4 million in 2024, which is great news for the teams already in a solid position. There are still seven teams in the red when it comes to cap space, however, even with this news.
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.
— Tom Pelissero (@TomPelissero) February 23, 2024
Yes, even with an additional $74 million coming, seven teams still find themselves under the cap. Let's check out the five teams with the least amount of cap space, according to Over the Cap, as of Friday afternoon.
NFL teams with the least amount of space
Team | Cap Space |
|---|---|
32. Buffalo Bills | - $41,742,609 |
31. New Orleans Saints | -$40,071,454 |
30. Miami Dolphins | -$38,498,203 |
29. Los Angeles Chargers | -$22,116,935 |
28. Denver Broncos | $10,713,842 |
Two of these teams made the playoffs in the 2023 season (the Dolphins and Bills) and both saw their seasons come to an end at the hands of the Kansas City Chiefs. A lot of people have written the Bills off moving forward due to their cap situation but truthfully, as long as they still have Josh Allen, they'll continue to be contenders. As for the Dolphins, they now won't have the money to supply Tua Tagovailoa with as much talent, so they have to hit on their draft picks.
As for the other three teams here, the Broncos and Chargers have to deal with having the Chiefs in their division so being under the cap is not a good position for them to be in. They can make cuts to get in a better spot but for now, they're in a tough predicament. The Saints finished the season with a winning record but missed out on the playoffs. Fortunately for them, they're used to being in cap hell.
The other two teams in the red are the Dallas Cowboys with -$8,170,700 and the Cleveland Browns with -$6,222,046. Both teams made the playoffs.
Teams can make the appropriate cuts during the offseason to free up cap space, which all of these teams will likely do. They'll also restructure current contracts to try and put themselves in a better position as well.
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