Breaking Down the New York Jets' Salary Cap Situation Heading into Free Agency

Aidan MackieSenior Analyst IMarch 3, 2014

The NFL offseason is about to be officially underway, as free agency is set to commence in just over a week.

The New York Jets are expected to be one of the major players in the upcoming free-agency period, as the franchise has plenty of money to spend.

According to ESPNNewYork.com's Rich Cimini, Gang Green is $21.2 million under the NFL salary cap of $133 million. Moreover, Over the Cap indicates that the Jets would save $26.05 million if they were to cut ties with Santonio Holmes, Antonio Cromartie and Mark Sanchez.

That means New York could potentially have a ridiculous $47.25 million to spend this offseason.

Before March 11 hits, though, expect the Jets to lock up starting right tackle Austin Howard to a long-term deal.

Howard has emerged as an anchor on the right side of the line in the last two seasons. At 26 years old, he has room to improve too.

Cimini also reports that the Jets are willing to shell out around $5 million per year to Howard and he is their top priority over the next week.

According to Manish Mehta of the New York Daily News, New York is also looking to re-sign tight end Jeff Cumberland.

When March 11 does roll around, John Idzik and Co. will be looking to upgrade offensive skill positions and perhaps the defensive backfield.

After Jeremy Maclin was taken off the market last week, the receiving options in free agency dwindled.

However, expect the Jets to take a long look at the likes of Golden Tate, Emmanuel Sanders, Hakeem Nicks and perhaps Eric Decker

On the defensive side of the ball, the Jets could look to acquire a top-notch safety in the next month. Jairus Byrd is likely to hit the open market after the Associated Press (h/t ESPN.com) reported that he and the Bills failed to reach an agreement. Donte Whitner, T.J. Ward and Chris Clemons are other interesting names at safety. 

Whichever players New York does end up signing, expect them to make an immediate impact. 

With 12 picks in the draft and millions of dollars to spend, it's hard to see a situation where Gang Green enters the 2014 season without improvement. 

Related

    Every NFL Logo Ranked by Over 1,400 Fans

    New York Jets logo
    New York Jets

    Every NFL Logo Ranked by Over 1,400 Fans

    FanJuicer.com
    via FanJuicer.com

    Education of Sam Darnold Starts with Hair Gel

    New York Jets logo
    New York Jets

    Education of Sam Darnold Starts with Hair Gel

    Rich Cimini
    via ESPN.com

    Rookies Already Living Up to the Hype 🔥

    NFL logo
    NFL

    Rookies Already Living Up to the Hype 🔥

    Kristopher Knox
    via Bleacher Report

    Bell Should Tell Antonio Brown to Mind His Own Business

    NFL logo
    NFL

    Bell Should Tell Antonio Brown to Mind His Own Business

    Mike Florio
    via ProFootballTalk