What is the NFL salary cap 2023?

Patriots

Patriots

What is the NFL salary cap 2023?

What is the NFL salary cap 2023?

The New England Patriots didn't have much salary cap space to make meaningful roster improvements before the 2022 NFL season, and one of the reasons for that was they spent a ton of money in free agency the year before.

The 2023 offseason could see the Patriots again make a splash on free agents.

Rex Ryan lost a Patriots-Jets bet and paid up in hilarious fashion

OverTheCap's 2023 projections have the Patriots with the third-most cap space in the league at $52.2 million. The Chicago Bears are No. 1 with an astounding $110.8 million of projected room under the cap.

2023 projected cap room (inc. carryover, $225M cap, rosters at 51 players)

Bears- $110.8M
Falcons- $61.6M
Patriots- $52.5M
Giants- $49.3M
Bengals- $42.7M
Seahawks- $40.3M
Texans- $39.5M
Ravens- $39.4M
Colts- $24.9M
Raiders- $20.6M
Lions- $16.8M

— Jason_OTC (@Jason_OTC) November 6, 2022

The Patriots' notable free agents after this season include running back Damien Harris, wide receivers Jakobi Meyers and Nelson Agholor, offensive tackle Isaiah Wynn, cornerback Jonathan Jones and special teams ace Matthew Slater.

Even if the Patriots re-sign some or all of these players, they should still have a good chunk of salary cap space to be a major force in free agency. They could use that cap space to address key positions on the roster that need talent and/or depth upgrades, such as wide receiver, left tackle, linebacker, etc.

It's better to address roster needs through the draft than free agency. It's a lot cheaper to build a winning roster that way. But if a team like the Patriots has a lot of cap space and a win-now mentality, it might as well use that space to its advantage, especially while the starting quarterback (Mac Jones) is on a rookie contract.

The Chicago Bears made a splash trading star pass rusher Robert Quinn to the Philadelphia Eagles for a fourth-round pick.

It’s not a surprise with the Bears in the middle of a rebuild as general manager Ryan Poles continues to retool the roster while acquiring additional draft capital.

But one of the benefits of the Quinn trade is the impact it has on the salary cap in 2023, where Chicago already had north of $100 million in cap space before the move.

While the Bears will take on most of Quinn’s remaining salary, which is around $7.9 million, the trade frees up $18.2 million in additional cap space in 2023, per OverTheCap.

For those keeping track at home, the Bears will have $134 million in salary cap space heading into the 2023 offseason, which gives Poles plenty to work with as he looks to address areas of need.

Chicago could’ve opted to cut Quinn after this season, which would’ve freed up $10 million in cap space. Instead, the Bears free up an additional $8 million while also acquiring a fourth-round pick in the trade with the Eagles.

As for the impact on the salary cap for the remainder of the 2022 season, Chicago cleared up $12.9 million in cap space with a $4.2 million dead cap hit.

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What is the NFL salary cap 2023?

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What is the NFL salary cap 2023?

While some might roll their eyes and be annoyed we are already talking about next year, it is kind of what I do. My particular area of interest in the NFL is all around the salary cap and roster construction. Before we jump into our 2023 roster, here is a quick overview of the current salary cap situation and who we have under contract for next year.

The Cleveland Browns' current cap space is $32,877,490. This will all get rolled over into 2023 if they don't spend any more of it.

To predict their 2023 salary cap space position I will make a few assumptions. They would currently have $4,842,660 based on rolling over the $32.9m and the increase in the salary cap plus the 40 current contracts they are due to pay. Then a June 1st cut of John Johnson gains them $9.75m, which I broke down and wrote about here. Watson then has his contract restructured which gives them another $35,936,000 of space. This won't happen until after Lamar Jackson is franchise tagged as it will keep his tag higher as it is the average of the top salaries.

Why would Watson restructure in 2023?

Restructure = same money, same years

He gets $44.92m of his $46m salary upfront, final $1.08m across the 18 weeks#Browns get $35.936m of extra 2023 cap space

PS - I think AB adds terms in deals so the team can restructure & add void year

— Jack Duffin (@JackDuffin) September 10, 2022

Then resign AJ Green for $940,000 using an ERFA Tender. I don't know the rookie contract pricing yet but let's just say $8m for the 8 rookie picks, even though they trade down and likely get to 9 or 10 picks.

This gives them a 2023 salary cap situation of $41,588,660. This is based on 48 of the 53 players so they will need to add some more and no doubt have plans to add more free agents to improve the below list which is the players they currently have under contract.

Current Players Under Contract For 2023:

QB
Deshaun Watson
Kellen Mond

RB
Jerome Ford
Nick Chubb

WR
Amari Cooper
Anthony Schwartz
David Bell
Demetric Felton
Donovan Peoples-Jones
Isaiah Weston
Jakeem Grant
Michael Woods

TE
David Njoku
Harrison Bryant

T
James Hudson
Jedrick Wills
Joe Haeg

G
Dawson Deaton
Drew Forbes
Joel Bitonio
Wyatt Teller 

C
Nick Harris

ED
Alex Wright
Isaiah Thomas
Myles Garrett

DT
Jordan Elliott
Perrion Winfrey
Tommy Togiai

LB
Jacob Phillips
Jeremiah Owusu-Koramoah
Tony Fields

CB
Denzel Ward
Greg Newsome
Martin Emerson

S
D'Anthony Bell
Grant Delpit
John Johnson

ST
Cade York
Charley Hughlett
Corey Bojorquez

What is the NFL salary cap 2023?
(Photo: Nick Cammett/Diamond Images, Getty)

QB1 - Watson
QB2 - Camp Battle: Mond, Re-sign Dobbs

Bring Dobbs back on a deal where he has little to no guarantees and then he and Mond can fight for who is the backup and who is the practices squad quarterback alongside a UDFA or 6th/7th round draft pick. It is about time the front office stopped spending on the backup quarterback and put the money into starters such as a defensive tackle.

What is the NFL salary cap 2023?
(Photo: Jason Miller, Getty)

RB1 - Chubb
RB2 - Re-sign Johnson
RB3 - Ford
RB4 - Day 3 Draft Pick

Bring Johnson back on the cheap as he will contribute to special teams as well. Add another running back in round four or five as you plan for potentially a life after Chubb in 2025.

What is the NFL salary cap 2023?
(Photo: Courtesy of the Cleveland Browns, Getty)

WR1 - Cooper
WR2 - Peoples-Jones
WR3 - Bell
WR4 - Day 2 Draft Pick
WR5 - Woods
WR6 - Camp Battle: Cheap FA, Day 3 Draft Pick, Grant, Felton, Schwartz, UDFA

DPJ gets the bag this offseason, likely costing over $10m a year but that is the price of average wide receiver play when every team is chasing three of them. Bell has shown promise in the last two weeks and can hopefully be the wide receiver three for the next few years. They need to add a wide receiver high in the draft because you need to start planning for Cooper to move on plus the better the receivers are, the better the quarterback plays and the more wins you have. No point in buying a Lamborghini and trying to run it on cooking oil. Throw a bunch of players at the wall and see who wins a camp battle for the sixth spot, completion is key plus you always get a few injuries in camp.

What is the NFL salary cap 2023?
(Photo: Nick Cammett, Getty)

TE1 - Njoku
TE2 - Camp Battle: Bryant, Re-sign Brown, Cheap FA
TE3 - Day 3 Draft Pick

Bryant has been disappointing so depending on how Brown plays the rest of the year bring in him and a cheap free agent with no guarantees to compete for the second spot. They need to have a second talented tight end and that comes through the draft. They took Winfrey and York over Bellinger and Likely last year. It likely takes a year for them to develop so we will almost want a redshirt season.

What is the NFL salary cap 2023?
(Photo: Scott Taetsch, Getty)

LT - Wills
RT - Hudson
T3 - Haeg or FA ~$2.5m
T4 - Day 3 Draft Pick

Hudson has earned the chance to start in 2023 so Conklin can move on and try get a payday from a team who is happy for him to miss a large amount of time. Haeg was signed with the plan to return in 2023 but two concussions brings that into question, it might mean a cheap swing tackle for around $2.5m is signed instead.

What is the NFL salary cap 2023?
(Photo: Scott Galvin, USA TODAY Sports)

LG - Bitonio
RG - Teller
G3 - Re-sign Froholdt
G4 - Camp Battle: Deaton, Forbes, Try to re-sign Dunn, UDFA

The top two are locked in, they will try and re-sign Froholdt but if he gets more opportunities and plays well that might make it too costly. There is an open battle for the fourth guard spot, Deaton might not be in this room but I will touch on him next. Dunn likely prices himself out of a return but they will try to bring him back.

What is the NFL salary cap 2023?
(Photo: USA TODAY Sports)

C1 - Re-sign Pocic
C2 - Harris

They will try and bring Pocic back but with every game, his value continues to rise and I don’t know if they will pay the price he will want. Instead, they would return to Harris and likely use Deaton as the backup, maybe a third center would be signed on the minimum for camp to give them some more experience. After what they have done for Pocic, players will be desperate to join on a one-year prove-it deal.

What is the NFL salary cap 2023?
(Photo: Jason Miller, Getty)

ED1 - Garrett
ED2 - Re-sign Clowney or FA ~$8m
ED3 - Wright
ED4 - Thomas
ED5 - Day 2 Draft Pick

Unfortunately, they will need to add another free agent or re-sign Clowney as neither Wright nor Thomas is ready to start. Clowney’s price will be lower as his 2022 has been disappointing since he picked up an injury. They should be happy to have the pair of 2022 rookies as your rotation pieces but continue to strengthen the room with a 3rd rounder who can try and finish a trio of young pass rushers to compliment Garrett.

What is the NFL salary cap 2023?
(Photo: Twitter / @Browns)

DT1 - FA ~$5m
DT2 - FA ~$3m
DT3/4 - Camp Battle: Togiai, Winfrey, Resign Bryan, Resign Stille, Day 3 Pick, Cheap FA or UDFA

The room needs a complete overhaul and if no one returns for the 2023 season I don’t think anyone will be disappointed. While spending less is the correct decision, they need to spend slightly more than they have in the past.

What is the NFL salary cap 2023?
(Photo: Courtesy of the Cleveland Browns)

MIKE - Re-sign Walker
WILL - Owusu-Koramoah
SAM - Re-sign TakiTaki or Cheap FA
LB4 - Re-sign Kunaszyk
LB5 - Camp Battle: Phillips, Fields
LB6 - Day 3 Draft Pick

I feel like Walker is going to come back no matter what as his value to the team goes beyond his field play and leadership on it. They will look to extend TakiTaki but his price could rise, there is an outside chance he transitions to MIKE. Kunaszyk has been great on special teams and has done well enough when called upon to take defensive snaps. Fields has a step up on Phillips due to his superior special teams play. With so many players on one-year deals, you need a draft pick to build a pipeline of young cheap talent.

What is the NFL salary cap 2023?
(Photo: Nick Cammett/Diamond Images, Getty)

CB1 - Ward
CB2/Slot - Newsome
CB3 - Emerson
CB4 - Green
CB5 - Day 3 Draft Pick

The cornerback room is pretty much locked in, especially for the top 4 players. They will keep the pipeline going with another draft pick but the focus could be to a more pure slot considering how Newsome has played there in 2022.

What is the NFL salary cap 2023?
(Photo: Courtesy of the Cleveland Browns, USA TODAY Sports)

FS1 - FA ~$6m
FS2 - Day 3 Draft Pick
SS1 - Delpit
SS2 - Bell
S5 - Camp Battle: Cheap FA, Late Day 3 Draft Pick or UDFA

They need to get a couple of free safeties onto the roster and that will come via a free agent for 2023 as well as a draft pick who can ideally be the answer for 2024 and the next 7 years. Deplit has been okay and getting better through the season so will be the team's strong safety for 2023, it will be then up to Bell to prove he is the answer long term. Bell seems a lock for the next few years based on his special teams play alone. The final body in the room could come from anywhere, I think they will look for a minimum-salary veteran to fight some UDFAs in camp but if they like someone in rounds 6 or 7 they could double dip.

What is the NFL salary cap 2023?
(Photo: USA TODAY Sports)

K - York
P - Bojorquez
LS - Hughlett

This room is locked in for 2023, it seems unlikely they will add anyone else for camp. The only one that would make any sense is a punter but Bojorquez has played well so run it back next year.

Re-Sign

QB Dobbs

RB Johnson 

TE Brown

G Froholdt

C Pocic

DT Stille

LB Walker

LB Kunaszyk

Maybe G Dunn

Maybe ED Clowney

Maybe DT Bryan

Maybe LB Takitaki

Free Agency

T ~$2.5m (if not happy with Haeg)

ED ~$8m (if they don't re-sign Clowney)

DT ~$5m

DT ~$3m

FS ~$6m

Minimum Salary Free Agents

WR

TE

LB

S

Draft

WR - Day 2 Pick

ED - Day 2 Pick

RB - Day 3 Pick

TE - Day 3 Pick

T - Day 3 Pick (could be a 2nd instead of ED)

LB - Day 3 Pick

CB - Day 3 Pick

S - Day 3 Pick

">247Sports

What will the cap be in 2023?

In September, the NBA raised its salary cap projection for the 2023-24 season from $133 million to $134 million with a luxury tax threshold of $162 million. That's an 8.37 percent increase from the current 2022-23 campaign's $122.7 million salary cap and a 7.81 percent increase in the tax threshold from $150.3 million.

What will the NFL salary cap be in 2024?

We're using a projected salary cap of $225 million in 2023 and $256 million in 2024, as seen on OverTheCap.com.

What is the NFL salary cap for 2022 2023?

The salary cap is set at $208.2 million, this season's non-adjusted maximum for NFL teams.

What will the NFL salary cap be in 2026?

If the models projecting future years of the NFL salary cap are accurate, it could approach $230 million in 2023. Realistically, a $300 million NFL salary cap is possible by the 2026 season if the current trends continue.