Days away from this year’s trade deadline (3pm CT, Nov. 1), a few teams have made some in-season moves to bolster their rosters. Several squads have also restructured contracts this season to create additional space. That extra room will matter as most teams will consider adding or subtracting costs before Tuesday’s deadline.
Here is how teams’ cap-space numbers (courtesy of OverTheCap) look ahead of the deadline:
- Cleveland Browns: $33.72MM
- Las Vegas Raiders: $10.35MM
- Carolina Panthers: $9.79MM
- Atlanta Falcons: $9.71MM
- Philadelphia Eagles: $9.47MM
- Denver Broncos: $7.79MM
- Pittsburgh Steelers: $7.69MM
- Indianapolis Colts: $7.23MM
- Dallas Cowboys: $7.16MM
- Chicago Bears: $7.08MM
- Green Bay Packers: $6.6MM
- Miami Dolphins: $6.16MM
- New York Jets: $5.71MM
- Los Angeles Chargers: $4.97MM
- San Francisco 49ers: $4.95MM
- Los Angeles Rams: $4.93MM
- Arizona Cardinals: $4.76MM
- Tampa Bay Buccaneers: $4.3MM
- Washington Commanders: $4.26MM
- Kansas City Chiefs: $3.86MM
- Seattle Seahawks: $3.71MM
- Jacksonville Jaguars: $3.67MM
- New Orleans Saints: $3.61MM
- Cincinnati Bengals: $3.31MM
- New York Giants: $3.26MM
- Detroit Lions: $3.25MM
- Baltimore Ravens: $3.07MM
- New England Patriots: $2.19MM
- Houston Texans: $2.09MM
- Buffalo Bills: $1.93MM
- Tennessee Titans: $1.59MM
- Minnesota Vikings: $852K
The Browns have held the top spot for months, and the gulf between their cap-space figure and the field almost certainly stems from a desire to carry over cap space before Deshaun Watson‘s cap number spikes from $9.4MM to a runaway-record $54.99MM. Cleveland has recently been linked to creating more cap space. Interest has come in for Greedy Williams, who is in the final year of his rookie contract, and Kareem Hunt. Although the Browns did not grant Hunt’s summer trade request, it may now take only a fourth-round pick for Cleveland to deal its backup running back.
Another potential seller could move up on this list while creating some additional space in 2023. The Broncos are believed to have made Jerry Jeudy available. Unlike fellow trade chip Bradley Chubb, Jeudy is under contract for 2023 (on a $4.83MM cap number). Denver appears more likely to move Chubb. That departure would remove the franchise tag from the team’s equation in 2023 — barring a tag for fellow 2023 UFA-to-be Dre’Mont Jones — thus freeing up more free agency funds. It will be interesting if the Broncos, if they are to move Chubb, agree to eat much of his fifth-year option salary. George Paton‘s club took on most of Von Miller‘s 2021 money to increase draft compensation.
The Eagles are still near the top despite acquiring Robert Quinn. Philadelphia is paying just $684K of Quinn’s contract, which now runs through 2022 instead of 2024. Chicago is on the hook for $7.1MM. The Bears are on track to have a gargantuan lead on the field for 2023 cap space. They are projected to hold more than $125MM next year, according to OverTheCap.
New Chiefs wide receiver Kadarius Toney checks in at just $784K on their 2022 cap sheet. The former Giants first-rounder’s figures bump to $1.9MM (2023) and $2.53MM (’24). Kansas City recently restructured Travis Kelce‘s deal, creating some wiggle room for the Toney addition. The Chiefs, who did not touch Patrick Mahomes‘ deal this year, restructured Kelce’s contract twice in 2022. Thursday’s trade hit the Giants with a $2.33MM dead-money charge. Toney will count $3.67MM in dead money for the Giants in 2023.
The Panthers picked up nearly $19MM in 2022 dead money via the Robbie Anderson and Christian McCaffrey trades. Unlike the Eagles and Bears, last week’s Panthers-49ers McCaffrey swap did not involve Carolina taking on additional salary. McCaffrey’s offseason restructure dropped his 2022 base salary to the league minimum; the 49ers have him on their books at just $690K. McCaffrey’s record-setting extension will still represent $18.35MM in dead money on the Panthers’ 2023 cap, but his nonguaranteed base salaries from 2023-25 ($11.8MM, $11.8MM, $12MM) transferred fully from Carolina to San Francisco.
On the subject of 2022 dead money, the Bears lead the way with $80.32MM. The Falcons added to their total this month, however, by trading Deion Jones to the Browns. That deal saddled the Falcons with $11.38MM in additional dead money — accompanying the franchise’s record-setting Matt Ryan dead-money hit ($40.53MM) — and ballooned Atlanta’s overall total to $78.57MM. Ryan is off the Falcons’ books after this year, but Jones will carry a $12.14MM dead-money figure in 2023.
