Patriots, Commanders, More NFL Teams' Updated Salary Cap After Post-June 1 Releases

Saturday marks the next significant date on the NFL calendar, as teams that released players early in the offseason with the post-June 1 designation will finally get the cap savings from those moves.

Here is the updated effective cap space cap for all 32 teams going into the next phase of the offseason:

• New England Patriots: $38.9 million
• Washington Commanders: $34.5 million
• Jacksonville Jaguars: $30.8 million
• Detroit Lions: $28.4 million
• Philadelphia Eagles: $23.2 million
• Indianapolis Colts: $22.6 million
• Tennessee Titans: $19.9 million
• Los Angeles Chargers: $19.3 million
• Houston Texans: $17.97 million
• Cincinnati Bengals: $17.8 million
• Green Bay Packers: $16.8 million
• Pittsburgh Steelers: $14.7 million
• Kansas City Chiefs: $14.7 million
• Cleveland Browns: $13.1 million
• Chicago Bears: $12.4 million
• Minnesota Vikings: $10.97 million
• Arizona Cardinals: $10.9 million
• Las Vegas Raiders: $7.1 million
• Tampa Bay Buccaneers: $6.8 million
• San Francisco 49ers: $5.6 million
• Denver Broncos: $5.4 million
• Los Angeles Rams: $4.98 million
• Carolina Panthers: $3.5 million
• Baltimore Ravens: $3 million
• New Orleans Saints: $2.2 million
• New York Jets: $2.1 million
• Atlanta Falcons: $1.6 million
• Dallas Cowboys: $1.1 million
• Buffalo Bills: $207,269
• Miami Dolphins: $1.4 million
  
• Seattle Seahawks: 1.9 million
  
• New York Giants: $4.3 million
  

Salary cap info via Over The Cap. Bold indicates team is over the salary cap.

Effective cap space is the amount of cap room a team is projected to have after signing at least 51 players and its rookie class.

The list of players who were cut by their previous club with a post-June 1 designation include Russell Wilson (Denver Broncos), Odell Beckham Jr. (Baltimore Ravens) and Jimmy Garoppolo (Las Vegas Raiders).

A pre-June 1 release would require teams to absorb the entirety of a player's remaining guaranteed salary and prorated signing bonus immediately.

By using post-June 1 designation for players released prior to the actual date, teams are allowed to spread the dead-money charge out over two seasons to lessen the impact on their cap.

For example, Wilson had $85 million in guaranteed money remaining on his deal with the Broncos. It would have been virtually impossible for the team to field a roster and have that charge on their books in 2024.

Instead, thanks to the post-June 1 release, Denver will take a $35.4 million dead cap charge this year and a $49.6 million charge in 2025.

Wilson's $85 million dead cap charge is the highest in NFL history, more than doubling the previous mark of $40.5 million for the Atlanta Falcons after trading Matt Ryan to the Indianapolis Colts in March 2022.

The list of post-June 1 releases isn't limited to players who have already been cut. There are a number of notable players who could find themselves on the free-agent market as soon as this weekend.

Carolina Panthers running back Miles Sanders, Philadelphia Eagles cornerback James Bradberry and New Orleans Saints cornerback Marshon Lattimore are players who have been cited as potential cut candidates.

Bradberry, in particular, seems to be in a very tenuous position. There were calls to bench him last season due to his struggles. The Eagles used their first two picks in the 2024 NFL draft to bring in cornerbacks Quinyon Mitchell and Cooper DeJean.

Philadelphia would only incur a $4.3 million dead cap charge by releasing Bradberry after June 1. The team would save $1.2 million in cap space if it could find a trade partner for the 30-year-old defensive back.

The potential next group of free agents hitting the market will only add to the talent pool that is still available for teams to sign.

Stephon Gilmore, Justin Simmons, Calais Campbell, Ryan Tannehill and Micah Hyde are among the top free agents who have been looking for a new home for more than two months.