Final NFL Salary-Cap Outlook for All 32 Teams Entering Week 1 of Free Agency 2025

The NFL offseason frenzy is about to begin. The 2025 edition of free agency will unofficially open with the legal-contact window at noon ET on Monday. While players can't sign contracts until 4 p.m. on Wednesday, many of this year's top free agents will have new homes in the coming days.

Over the past several days, teams have been working to lock up players and improve their cap situations. With the salary cap rising to $279.2 million this year, teams have more money than ever before with which to work, but some franchises have a better financial outlook than others.

Here, we'll examine where every team stands on the eve of free agency, recap some of the latest developments and preview some of the market's biggest storylines.

Updated 2025 NFL Cap Space

Stacy Revere/Getty Images

Raiders GM John Spytek

New England Patriots $118.1 million

Washington Commanders $93.8 million

Los Angeles Chargers $93.8 million

Arizona Cardinals $69 million

Tennessee Titans $63.2 million

Minnesota Vikings $62.2 million

Jacksonville Jaguars $60.2 million

Seattle Seahawks $60.1 million

Pittsburgh Steelers $58.1 million

Detroit Lions $54.6 million

Los Angeles Rams $52.5 million

New York Giants $47.1 million

Cincinnati Bengals $45.5 million

Dallas Cowboys $43.1 million

Las Vegas Raiders $43 million

Chicago Bears $40 million

Denver Broncos $35.6 million

Indianapolis Colts $35.2 million

New York Jets $35.2 million

Green Bay Packers $31.5 million

Carolina Panthers $26.9 million

San Francisco 49ers $20.4 million

Philadelphia Eagles $11.4 million

Baltimore Ravens $10.8 million

Miami Dolphins $6.1 million

Cleveland Browns $4.3 million

Tampa Bay Buccaneers $555,345

Houston Texans -$355,858

Kansas City Chiefs -$1.6 million

Buffalo Bills -$4.2 million

Atlanta Falcons -$7 million

New Orleans Saints -$16.5 million

*Cap information via Spotrac.

Salary Cap and Free Agency Overview

Bruce Yeung/Getty Images

QB Sam Darnold

We saw a flurry of moves unfold before the weekend, most of them cap-related. The Los Angeles Chargers, for example, released longtime standout Joey Bosa to clear just over $25 million in cap space.

The Jacksonville Jaguars agreed to trade receiver Christian Kirk to the Houston Texans, while the Cleveland Browns restructured the contract of Deshaun Watson again. The Kansas City Chiefs dealt star offensive lineman Joe Thuney to the Chicago Bears, who also acquired lineman Jonah Jackson from the Los Angeles Rams.

On Friday, the Seattle Seahawks sent quarterback Geno Smith to the Las Vegas Raiders.

The Chiefs are now just under the cap ceiling, while the Chargers will join the New England Patriots and Washington Commanders as teams with a surplus of financial flexibility. The Las Vegas Raiders are still near the top, though they recently finalized a deal to make Maxx Crosby the highest-paid non-quarterback in NFL history.

At the other end of the spectrum, we have the New Orleans Saints, who face an intimidating cap situation. That's par for the course in New Orleans, though, as general manager Mickey Loomis has a history of kicking contracts down the road and finding creative ways to conjure cap space at the last minute.

Franchises with financial flexibility will have no shortage of options when it comes to offseason spending. Players like guard Mekhi Becton, defensive tackle Milton Williams, receiver Chris Godwin and safety Jevon Holland headline an intriguing free-agent class.

Guard Trey Smith and receiver Tee Higgins were the only players to receive the franchise tag this offseason.

A few quarterbacks are set to hit the market too, including Russell Wilson, Justin Fields, Mac Jones and Aaron Rodgers.

The New York Jets are expected to release Rodgers with a post-June 1 designation, according to NFL Network's Ian Rapoport. That move should become official after the start of the new league year on Wednesday.

However, 2024 Pro Bowler and Minnesota Vikings quarterback Sam Darnold is likely to be the top signal-caller on the market this year—and his situation got more interesting with the Smith trade.

According to The Athletic's Michael-Shawn Dugar, the Seahawks are expected to pursue Darnold after dealing Smith. That could lead to a bidding war for Darnold, who already has a projected market value of $40.1 million annually.

More trades could be in the works too, which would inevitably impact the free-agent market. The Seahawks and Los Angeles Rams are open to trading receivers DK Metcalf and Cooper Kupp, respectively. The Cincinnati Bengals have given All-Pro pass-rusher Trey Hendrickson permission to seek a trade, according to Rapoport and NFL Network's Tom Pelissero.

In other words, fans can expect the coming week to be anything but quiet.