The NFL salary cap is set at $123 million for the 2013 season. Teams are making some interesting moves this offseason, releasing key veteran players and restructuring other large contracts in order to remain competitive in the coming seasons.
Not everything is set in stone, yet, as contract details are still becoming available as we speak.
However, we've attempted to compile the known information into one source for you to take a look at your favorite team's cap situation.
All cap space figures are projections and estimations based on data used from Spotrac.com and other sources if indicated.
The Arizona Cardinals are going through some changes this offseason but are comfortably under the salary cap. Their additions have been low-cost and short-term, while they cut Kevin Kolb and his $6 million salary.
2013 Salary-Cap Hit: $107.1 million
Cap Space: $15.9 million
The Atlanta Falcons are still in decent salary-cap position after cutting some salary during the offseason.
D. Orlando Ledbetter of the Atlanta Journal-Constitution estimates the Birds are $3.36 million under the salary cap. That number is current, after their recent re-signing of Tony Gonzalez, acquisition of RB Steven Jackson and deal with OT Sam Baker (via Twitter):
#Falcons are projected a $3.36 million under the salary cap. Gonzalez ($5.25 million), Baker ($3 million) and Jackson (projected $3 million)— D. Orlando Ledbetter (@AJCFalcons) March 15, 2013
However, factoring in the team's current financials from Spotrac with the addition of Jackson's contract (unlisted by the site), the Falcons are sitting at approximately $6.8 million in available space.
That isn't official, of course, as there could be undisclosed bonuses or financial considerations not currently known.
2013 Salary-Cap Hit: $113.2 million
Cap Space: $6.8 million
An exodus of the defending Super Bowl champion Baltimore Ravens has ravished the team's deep roster. Those departures, though, have freed up some cap space for the team to pick up the pieces in the coming weeks.
Marcus Spears' two-year, $3.55 million deal and veteran CB Chris Johnson's one-year (undisclosed contract) deal were not factored into Spotrac's estimation. Assuming Spears' deal will be split over the next two seasons, the Ravens are sitting at a cap hit of around $114.4 million.
This number factors in the removal of Ray Lewis and Matt Birk's cap hit after their retirements, too.
2013 Salary-Cap Hit: $114.4 million
Cap Space: $8.6 million
The Buffalo Bills are still on the hook for over $3 million of Ryan Fitzpatrick's contract after releasing him this offseason.
2013 Salary-Cap Hit: $101.6 million
Cap Space: $22.4 million
The Carolina Panthers had to cut salary to get under the cap this offseason. Veteran CB Chris Gamble was released as a result.
Major signings, you ask? Not so much. The Panthers re-signed backup QB Derek Anderson and backup TE Ben Hartsock and brought in veteran CB Drayton Florence, all on undisclosed one-year contracts.
Estimating that all three of those signings will total around $3 million in salary in 2013, the Panthers are somewhere around $4 million under the salary cap.
2013 Salary-Cap Hit: $119 million
Cap Space: $4 million
The Chicago Bears haven't left themselves much wiggle room after signing TE Martellus Bennett and OT Jermon Bushrod to offseason deals.
Bringing back veteran LB Brian Urlacher is also a problem as the team is currently sitting about $4 million under the salary cap.
2013 Salary-Cap Hit: $119.2 million
Cap Space: $3.8 million
The Cincinnati Bengals, to this point, have been surprisingly quiet in free agency, despite having the most available cap space in the entire NFL.
Inking defense end Michael Johnson with the franchise tag levied a $11.175 million hit on their cap space, but it hasn't phased them. They are currently sitting at just over $34 million under the cap ceiling.
2013 Salary-Cap Hit: $89.9 million
Cap Space: $34.1 million
The Cleveland Browns have added several key players during the 2013 offseason but are still comfortably below the NFL's salary cap.
Spotrac has not factored in the deals of Quentin Groves, Desmond Bryant or Chris Ogbonnaya. But, I have added the three into their final calculation.
Bryant's five-year, $34 million deal, will net the defensive tackle $6.8 million annually (on average). Groves will make much less, earning a contract of $2.8 million over the next two seasons (assuming $1.4 million in 2013). Ogbonnaya, one of the team's backup running backs, was retained after signing an undisclosed two-year deal with the team.
2013 Salary-Cap Hit: $92.9 million
Cap Space: $30.1 million
Oddly, the cap-strapped Dallas Cowboys opted to use their franchise tag on pass-rusher Anthony Spencer, despite their upcoming transition to the 4-3 defense. Spencer is primarily a 3-4 OLB pass-rusher but could transition to 4-3 defensive end.
Overall, the Cowboys haven't made many additions due to salary cap considerations. As it stands, they are currently just under the cap by about $3 million.
2013 Salary-Cap Hit: $119.9 million
Cap Space: $3.1 million
The Denver Broncos have been busy in free agency, improving an already potent roster. Wes Welker's move from New England to Denver was relatively cheap and figures to be the biggest story line of the 2013 offseason.
That signing wasn't the only mile-high drama this offseason, though. Elvis Dumervil's agent faxed his paperwork seven minutes too late, voiding the deal and making his client a free agent. Dumveril fired his agent as a result of the mishap, according to Baltimore Sun writer Aaron Wilson.
Estimated calculations include OG Louis Vasquez's approximate $5.75 million per season, $2.25 million for DT Terrance Knighton, $2.5 million for DT Kevin Vickerson, and $1.5 million per season (three-year, $4.5 million) for DB David Bruton.
2013 Salary-Cap Hit: $123.7 million
Cap Space: -$700,000
The Detroit Lions retained safety Louis Delmas on a two-year, $9.465 million deal, according to ESPN's Adam Schefter.
That deal, along with wide receiver Kassim Osgood (one-year deal) and center Dylan Gandy (one-year deal) puts the Lions at just under the NFL's salary cap. This estimation assumes Osgood and Gandy were signed to minimum contracts.
2013 Salary-Cap Hit: $122.8 million
Cap Space: $200,000
The Green Bay Packers continue to find a way to be competitive without making splashes in free agency. That is true in 2013, as the Packers are sitting nearly $20 million under the salary cap and have yet to make a big-ticket signing.
2013 Salary-Cap Hit: $104.9 million
Cap Space: $18.1 million
The Houston Texans are in a position to improve their roster, cap-space wise, but haven't found a solid way to do so yet this offseason.
2013 Salary-Cap Hit: $112.7 million
Cap Space: $10.3 million
The Indianapolis Colts have been busy in free agency, utilizing their cap space and recent success to attract a solid group of players to their team.
They still have some space to work with, too.
2013 Salary-Cap Hit: $104.2 million
Cap Space: $18.8 million
The Jacksonville Jaguars have some serious cap space to work with but aren't throwing their money at one or two free agents. They are spreading it around, acquiring several players in a recent flurry.
Contract details for several players are unavailable to this point. Without taking into account the deals of DT Roy Miller, CB Alan Ball, and RB Justin Forsett, the Jags are sitting nicely with a cap hit of just $96.4 million.
2013 Salary-Cap Hit: $96.4 million
Cap Space: $26.6 million
The 2013 Kansas City Chiefs offseason has been a wild ride to this point. But where does it lead them with their salary-cap situation?
2013 Salary-Cap Hit: $124.6 million
Cap Space: -$1.6 million
The Miami Dolphins have been big players in free agency in 2013 but still have plenty of cap space to add more weapons, if they so choose.
Adding Mike Wallace, Dustin Keller and Brandon Gibson has completely changed the face of the team's offense, but they are still sitting pretty with just a $94.5 cap hit.
2013 Salary-Cap Hit: $94.5 million
Cap Space: $28.5 million
With ample cap space, the Minnesota Vikings went out and procured arguably one of the best-available wide receivers on the market. Greg Jennings will be the latest Green Bay Packer to make the transition to their rivals.
Jennings' deal will net him $27 million over the first three years of the contract, giving the Vikings a little wiggle room.
2013 Salary-Cap Hit: $118.3 million
Cap Space: $4.7 million
The New England Patriots said goodbye to longtime wide receiver Wes Welker, making wide receiver a priority for them this offseason. They also released Brandon Lloyd (h/t Patriots.com).
Signing WR Danny Amendola was a good start, but there is still work to be done as the Pats attempt to retool and get back to the Super Bowl next season.
Terms of the contracts for defenders Kyle Arrington, Adrian Wilson and Niko Koutovides have not been announced, according to the team (h/t Patriots.com).
Without those three contracts factored in, here is where the Pats are currently at:
2013 Salary-Cap Hit: $106.2 million
Cap Space: $15.8 million
The New Orleans Saints desperately needed secondary help after putting on the worst defensive performance in NFL history in 2012. Signing CB Keenan Lewis was a key move of this offseason, and the team did it at a pretty affordable rate.
They don't have too much cap room to make any big signings, but any improvement on defense will certainly help their high-flying and explosive offense.
2013 Salary-Cap Hit: $117.4 million
Cap Space: $5.6 million
The New York Giants didn't have much cap space to begin with, but that hasn't stopped them from being aggressive in free agency in 2013.
Victor Cruz's first-round tender may keep him on the roster, too, delaying his big payday for at least another season.
Recent signings of CB Aaron Ross, DB Ryan Mundy, WR Louis Murphy, LB Dan Connor and TE Brandon Myers were not factored into Spotrac's $120.3 million cap hit for the Giants.
After those salaries are factored in, it is clear the Giants have some restructuring to do.
2013 Salary-Cap Hit: $120.3 million
Cap Space: $2.7 million (but really, not much, if any)
The New York Jets haven't done much this offseason, opting to say goodbye to veterans and slash salary instead of making any big additions. However, they still aren't too far under the NFL's salary cap as a result of the cap hits they have from released players.
Next season may be a "rebuilding" period for this Jets team as bad contracts clear and newer, younger players are brought into the system.
The Jets' financials are not including DT Antonio Garay's contract, as the details are currently unknown. Mike Goodson's three-year, $6.9 million deal is estimated into the equation, too (assuming he will earn $2.3 million per season).
2013 Salary-Cap Hit: $110.1 million
Cap Space: $13.1 million
The Oakland Raiders had a fire sale this offseason, dropping several key veterans and their salaries. They haven't done anything significant to replace those players, either, making this draft a crucial stage in the team's short-term success.
2013 Salary-Cap Hit: $106.2 million
Cap Space: $15.8 million
Chip Kelly's Philadelphia Eagles are going to look significantly different from Andy Reid's squad.
The Eagles have gone through a transformation this offseason, shedding several key players that were acquired during the team's free-agency spending sprees over the past couple of seasons.
Pass-rusher Connor Barwin's six-year, $36 million deal is estimated at $6 million per season for purposes of this calculation.
2013 Salary-Cap Hit: $103.2 million
Cap Space: $19.8 million
The Pittsburgh Steelers are slowly being dismantled, piece by piece, as their salary-cap situation had gotten out of hand.
But they have done some things in order to get themselves in a better position moving forward. After being strapped for cash, the Steelers have slashed salaries and restructured deals to find themselves at about $13 million under the salary cap.
2013 Salary-Cap Hit: $110 million
Cap Space: $13 million
The San Diego Chargers have several contracts awaiting to be disclosed, but they are currently sitting in a favorable position with the salary cap.
Salary information for OT King Dunlap, RB Ronnie Brown and RB Danny Woodhead is not factored into this estimation. Derek Cox's four-year, $20 million deal is factored in at approximately $5 million for 2013.
2013 Salary-Cap Hit: $119.1 million
Cap Space: $3.9 million
Wide receiver Anquan Boldin put on a huge show during the 2013 NFL playoffs. The San Francisco 49ers were obviously taking note during Super Bowl XLVII as they traded for the veteran this offseason.
The 49ers are still under the salary cap and are bringing back nearly the same team next season that got them to the Super Bowl last year.
2013 Salary-Cap Hit: $118 million
Cap Space: $4 million
The Seattle Seahawks made a blockbuster trade for WR Percy Harvin. His salary-cap hit is only $4.9 million in 2013, but that number will escalate to $11 million in 2014.
Cliff Avril was the team's next-biggest move this offseason. His salary is reported to be $15 million for the next two seasons. For calculation purposes, and a lack of other information, we've assumed his salary-cap hit will be $7.5 million in 2013.
2013 Salary-Cap Hit: $121.5 million
Cap Space: $1.5 million
The up-and-coming Tampa Bay Buccaneers added a key defender when they inked safety Dashon Goldson to a long-term deal this offseason.
Cornerback is the next issue for the team to address, and they could do it by acquiring arguably the best defender in the game: Darrelle Revis.
As you'll see in their salary cap figures, the Bucs have the cap room to sign Revis to a huge contract if they desire to make the trade and pay the ante.
2013 Salary-Cap Hit: $99.2 million
Cap Space: $23.8 million
The Tennessee Titans got a lot more physical upfront when they inked free-agent guard Andy Levitre to a deal. But the team still has plenty of holes to fill and not too much cap space to get it done.
2013 Salary-Cap Hit: $115.2 million
Cap Space: $7.8 million
Usually players in free agency, the Washington Redskins have been forced to restructure deals and spend wisely this offseason in order to remain under the NFL's salary cap.
Things are going well, too, as the team has found itself with nearly $8 million in cap space.
2013 Salary-Cap Hit: $115 million
Cap Space: $8 million