NFL Free Agency 2025: Teams with Most Salary Cap Space Ahead of Friday's Signings

NFL free agency continues to roll along. While the flood of activity we saw over the first two days has slowed to a trickle, good players are still being added, and big-time decisions still loom.

Now that we're in the second wave of free agency, a lot of teams will be angling for potential bargains. However, some franchises still have the financial flexibility needed to chase the top remaining stars.

With four days of free agency in the rear view, let's examine where each team's cap situation stands, what unfolded on Thursday and what storylines are worth tracking heading into the weekend.

Updated 2025 Salary Cap Picture Entering Friday

Stacy Revere/Getty Images

Patriots head coach Mike Vrabel

New England Patriots $79.9 million

Tennessee Titans $76.2 million

Los Angeles Chargers $65.9 million

Seattle Seahawks $57.5 million

Arizona Cardinals $57.1 million

Detroit Lions $53.9 million

Washington Commanders $42.8 million

Pittsburgh Steelers $41.7 million

Minnesota Vikings $41.3 million

Las Vegas Raiders $39.3 million

Jacksonville Jaguars $36 million

Dallas Cowboys $35.8 million

San Francisco 49ers $33 million

New York Giants $29.5 million

Carolina Panthers $29.2 million

Kansas City Chiefs $23.4 million

New York Jets $19.9 million

Denver Broncos $17.6 million

Philadelphia Eagles $17.2 million

Green Bay Packers $16.8 million

Miami Dolphins $14 million

Cincinnati Bengals $13.8 million

Baltimore Ravens $13.1 million

Indianapolis Colts $11.8 million

Chicago Bears $10.4 million

Cleveland Browns $7.4 million

New Orleans Saints $6.6 million

Buffalo Bills $2.9 million

Tampa Bay Buccaneers $1.1 million

Los Angeles Rams -$497,310

Atlanta Falcons -$1.6 million

Houston Texans -$8.7 million

*Cap information via Spotrac, as of 12 a.m. ET on 3/14

Cap and Free Agency Overview

David Rosenblum/Icon Sportswire via Getty Images

QB Mason Rudolph

Thursday didn't exactly bring a parade of headline-grabbing signings. Most of the day's early activity was centered around bargain players, depth pieces and likely role players.

The Pittsburgh Steelers, for example, added a little quarterback insurance by signing former backup and spot starter Mason Rudolph. The Las Vegas Raiders added some backfield depth by signing Raheem Mostert.

The Washington Commanders re-signed wide receiver Noah Brown, while the Minnesota Vikings traded guard Ed Ingram to the Houston Texans.

Bleacher Report's Gary Davenport provided grades for all of Thursday's biggest signings and trades.

We also saw teams continue to manage their salary cap situations. While the deadline to become cap-compliant passed at 4 p.m. ET on Wednesday, teams will continue to try to improve their cap situations moving forward. Some teams will need to create cap space to sign additional players, and they'll eventually need room to sign their 2025 draft classes.

The Cleveland Browns, for example, revised the contract of standout offensive tackle Jack Conklin on Thursday.

While most cap situations haven't changed significantly over the last 24 hours, it's interesting to see how they've evolved during the week. The Kansas City Chiefs, for example, faced a cap deficit of over $8 million entering Tuesday but now have a good amount of space with which to work.

The New England Patriots still have a sizeable cap surplus despite being one of the most active teams in free agency thus far. New England's free agent haul includes defensive tackle Milton Williams, cornerback Carlton Davis, edge-rusher Harold Landry III, offensive tackle Morgan Moses and wide receiver Mack Hollins.

One can assume that New England isn't done.

"There’s still more work to be done. We’re not finished. We still have some needs we need to fill," Patriots general manager Eliot Wolf said, per Mark Daniels of MassLive.

The Patriots won't be in the market for a starting quarterback, as they saw enough from Drake Maye as a rookie to feel good about building around him in 2025. Other teams, however, will be tracking the quarterback market heading into the weekend.

Plenty of eyes will be on Aaron Rodgers, who was released by the New York Jets on Wednesday. The Pittsburgh Steelers and New York Giants are searching for a quarterback and appear to have interest in the 41-year-old.

According to Gerry Dulac of the Pittsburgh Post-Gazette, the Steelers have made an offer to Rodgers and are waiting for a response. Dulac has also reported that Pittsburgh could turn back to 2024 starter Russell Wilson if it doesn't land Rodgers.

Wilson, meanwhile, visited the Browns on Thursday and is set to visit the Giants on Friday, according to Mary Kay Cabot of Cleveland.com.

Some notable non-quarterbacks remain unsigned too, including offensive tackle Cam Robinson, cornerback Rasul Douglas, wide receiver Amari Cooper and safety Justin Simmons.

In other words, teams who can afford to spend will continue to do so in the coming days and weeks.