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Updated NFL Salary Cap Outlook for All 32 Teams After 2024 NFL Trade Deadline | News, Scores, Highlights, Stats and Rumors
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Updated NFL Salary Cap Outlook for All 32 Teams After 2024 NFL Trade Deadline | News, Scores, Highlights, Stats and Rumors

New Commanders CB Marshon Lattimore

New Commanders CB Marshon LattimoreDerick E. Hingle/Getty Images

The 2024 NFL trade deadline ended Tuesday at 4 p.m. ET, and several teams squeezed in deals before that deadline.

Arguably the most notable move was the Washington Commanders’ acquisition of four-time Pro Bowl cornerback Marshon Lattimore from the New Orleans Saints. The 28-year-old defender, who had a contract until 2026, was one of the most admired players.

Adam Schefter @Adam Schefter

Trade: New Orleans is sending four-time Pro-Bowl CB Marshon Lattimore to the Washington Commanders, per source.
The Saints had multiple teams interested in the 28-year-old CB, who is still recovering from a hamstring injury. Commanders’ pressure continues. pic.twitter.com/IRPCVEAyAG

The other big move on Tuesday involved the NFC-leading Detroit Lions adding pass-rushing help. Detroit acquired the services of Za’Darius Smith from the Cleveland Browns.

Detroit was in need of a new offensive player after losing Aidan Hutchinson to a season-ending leg fracture; The Lions had already lost Marcus Davenport for the season to an elbow injury. Hutchinson is unlikely to return in the postseason.

But Smith, who has five sacks in 2024, will help Detroit push toward the playoffs.

Other deals on Tuesday include the Pittsburgh Steelers acquiring receiver Mike Williams and pass rusher Preston Smith, the Baltimore Ravens adding cornerback Tre’Dacious White and the Dallas Cowboys acquiring receiver Jonathan Mingo.

The last-minute moves follow early trades for Davante Adams, Amari Cooper, DeAndre Hopkins, Diontae Johnson and others. Find the full list of Bleacher Report’s business ratings here Here.

Naturally, player moves have changed the NFL’s salary cap structure. This could apply to any team looking to make an extension before the end of the season; Something the Denver Broncos recently did with pass rusher Jonathon Cooper.

Zac Stevens @ZacStevensDNVR

Jonathon Cooper’s four-year deal is worth $15 million annually, for a total of $60 million (Stage 1). @mikeklis9news).
The deal includes $33 million in guarantees.

  • San Francisco 49ers $52.5 million
  • Cleveland Browns: $45.4 million
  • Las Vegas Raiders: $36 million
  • New England Patriots: $35.4 million
  • Detroit Lions: $27.1 million
  • Washington Commanders: $25.1 million
  • Dallas Cowboys: $23.2 million
  • Miami Dolphins: $21.1 million
  • Jacksonville Jaguars: $20.1 million
  • Arizona Cardinals: $19.9 million
  • Tennessee Titans: $18.5 million
  • Green Bay Packers: $16.6 million
  • Indianapolis Colts: $11.5 million
  • Minnesota Vikings: $11.4 million
  • Philadelphia Eagles: $10.2 million
  • Tampa Bay Pirates: $9.4 million
  • Pittsburgh Steelers: $9.4 million
  • Seattle Seahawks: $9.2 million
  • Cincinnati Bengals: $8.6 million
  • Atlanta Falcons: $7.9 million
  • Chicago Bears: $7.5 million
  • Los Angeles Chargers: $6.9 million
  • Houston Texans: $6.8 million
  • Denver Broncos: $4.4 million
  • New Orleans Saints: $4.2 million
  • Carolina Panthers: $4.1 million
  • New York Giants: $3.7 million
  • New York Jets: $0.6 million
  • Los Angeles Rams: $3 million
  • Buffalo Bills: $3 million
  • Kansas City Chiefs: $2 million
  • Baltimore Ravens: -$1.4 million

While overtimes aren’t very common in the middle of the NFL season, a few can make sense. For example, the Cincinnati Bengals can give star player Ja’Marr Chase an extension at any time; But even if they’re not willing to do so before the season starts, they’ll likely wait until the spring.

The New York Giants may consider extending the pass and approaching free agent closer Azeez Ojulari in 2025.

Ojulari, who is just 24 years old and already has six sacks this season, was a popular trade target at the deadline. But New York likely wasn’t willing to part with the young point guard at the bargain price point a deadline deal would involve.

“(The Giants) made it clear they weren’t going to give him away, and they stood firm,” NFL Network’s Mike Garafolo said. Published on X.

According to ESPN, Cleveland acquired the right to draft Smith in the fifth round in 2025, the sixth round in 2026 and the seventh round in 2027. Jeremy Fowler. For that price, keeping Ojulari and trying to imprison him was a logical option.

Given the Giants’ relative lack of cap space, they may have to wait until the 2025 season to make a long-term deal.

Most of the moves made at the deadline involved expiring contracts, so this wasn’t a dramatic change to the 2025 cap numbers. The Lattimore and Adams agreements are the most notable exceptions.

The New York Jets are in a bit of a pickle, due in part to the Adams deal. The 31-year-old defender is expected to take a limit kick $38.3 million In 2025, the Jets are projected to have $34.8 million in cap space.

It would be a surprise if the Jets don’t restructure Adams’ contract in some way. Alternatively, they could release him outright and save just under $30 million against the cap.

The Lattimore trade didn’t add much to New Orleans’ 2025 cap predicament. He will still be held accountable $31.6 million He will receive his salary next season due to dead money on his contract. The Saints are projected to be $77 million over the cap in the spring.

The Saints aren’t the only team that needs to create financial flexibility between now and the start of the new league year on March 12. Here are the bottom five teams in terms of projected cap space in 2025:

  • Atlanta Falcons: $8.6 million
  • Miami Dolphins: $189,218
  • Seattle Seahawks: -$1.2 million
  • Cleveland Browns: -$44 million
  • New Orleans Saints: -$77 million

The good news for New Orleans is that Lattimore will be completely off the books until 2026.

Lattimore expected to be a cap hit for commanders $18 million next season. But Washington is still projected to have $104.3 million in cap space in 2025.

If the Commanders want to be among the major tiers in the first wave of 2025 free agency, they can afford it. Here are the top five teams in terms of projected cap space in 2025:

  • New England Patriots: $137.7 million
  • Arizona Cardinals: $115.3 million
  • Las Vegas Raiders: 106.8 million
  • Washington Commanders: $104.3 million
  • Tennessee Titans: $78.9 million

The 2025 numbers will change between now and the offseason, and in some cases significantly. Teams are allowed to carry over unused cap space to the following season; This is something teams like Cleveland and the San Francisco 49ers will definitely do.

Spotrac’s numbers are also based on a projected salary cap hit of $273.3 million. The real number may be even higher.

Last December early predictions The 2024 cap hit just over $240 million, but the final figure reached $255.4 million. That marked a $30.6 million jump over the salary cap in 2023. A similar jump would bring the 2025 limit closer to $286 million.

The anticipated salary cap increase is another reason why teams should consider making extensions as soon as possible. As the financial pool grows, the size of the contracts will also increase.

For example, in 2020, Patrick Mahomes signed a 10-year deal. $45 million annual. Four years later, Dak Prescott reset the market. 60 million dollars-annual contract.

It’s hard to predict how high the salary cap and contracts for key positions will be in the offseason. What we know for sure is where each team stands heading into the second half of the 2024 season.