If you're not a hardcore football fan, don't read any further, you'll die of bordom
This is current as of February 18th (thx to espn's john clayton)
This list should help fellow nfl enthusiasts get a better grip on their team's potential off-season activity. Keep in mind that these numbers still include the salaries of players who will be waived/traded come March 2nd (I believe that's the end of the nfl's financial year [Salary cap context: end of the year on player contracts]) and doesn't include restricted free agents on the roster, players who will be franchised (for the most part), or potential cost of draft pick salaries.
Color Code:
Tons of cap room - should be enough to sign/resign two or even three big names and retain key players on roster.
Large amount of cap room - should be enough to sign/resign one or possibly two big names and retain key players on roster.
Above average amount of cap room - Probably enough to sign/resign one big name and keep the majority of the key players on roster.
Minimal amount of cap room - Probably enough to retain majority of key players, but most likely will have to clear some space if they want to sign/resign a big name
In trouble - Will probably not be able to retain some key players or sign/resign any big names unless a large of amount of cap room is cleared
Heading in wrong direction - Needs to clear a ton of cap room if majority of key players are to be retained, even more if they want to sign a big name
RED ALERT! RED ALERT! - Team is close to a near complete purge of key players and big names if they are to get under the cap. Probably completely out of the market for any big names unless drastic measures are taken to get back under the cap.
Ranked from best to worst:
Baltimore Ravens - $23.03 million under
Philadelphia Eagles - $22.6 million under
New Orleans Saints - $20.6 million under
Minnesota Vikings - $19.1 million under
Arizona Cardinals - $16.9 million under
Dallas Cowboys - $15.5 million under
St. Louis Rams - $14 million under
Detroit Lions - $12.9 million under
Carolina Panthers - $12.5 million under
Chicago Bears - $11.3 million under
Seattle Seahawks - $10.5 million under
Houston Texans - $10.4 million under
Jacksonville Jaguars - $9.3 million under
Cincinnati Bengals - $8.15 million under
Buffalo Bills - $6.8 million under
Washington Redskins - $6.4 million under
San Diego Chargers - $4.4 million under
Indianapolis Colts - $4.2 million under
Atlanta Falcons - $3.9 million under
Kansas City Chiefs - $3.8 million under
New York Giants - $3.2 million under
Cleveland Browns - $3.2 million under
New York Jets - $1.28 million under
Green Bay Packers - $1.1 million under
Oakland Raiders - $511,000 under
San Francisco 49ers - $205,000 under
Tampa Bay Buccaneers - $2.8 million over
New England Patriots - $4.6 million over
Pittsburgh Steelers - $4.7 million over
Denver Broncos - $5.7 million over
Miami Dolphins - $10.5 million over
Tennessee Titans - $17.5 million over
espn.com's alphabetical listing
One thing that jumps right out at me is Denver. They're possibly trading Clinton Portis (who has a really tiny contract by NFL standards because he's still getting paid as a second round draft choice and not the franchise back he is) for a monster contract in Champ Bailey, but they have the third worst cap situation in the league. Lots of room is going to have to be cleared, meaning a couple of big names on the team will probably get waived (read: Ed McAffrey possibly, although I don't know the terms of his contract)
I'm going to eventually post a thorough explanation of the salary cap/free angency/player contracts/etc... when I get the time. It's really a beautiful system that the other major sports should adopt to improve the overall quality of their leagues (especially baseball)
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