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Updated NFL Salary Cap Outlook for All 32 Teams Entering Week 2 of Free Agency 2025

Kristopher KnoxMar 17, 2025

Believe it or not, but we're already a week into 2025 NFL free agency. While the start of the legal-contact period may feel like a lifetime ago, free agency will officially hit the one-week mark at noon ET on Monday.

We've seen a lot happen over the past seven days. Sam Darnold is now the quarterback of the Seattle Seahawks, Milton Williams is a New England Patriots and Miles Sanders is a Dallas Cowboys.

Quarterback-need teams are still waiting on Aaron Rodgers to make a decision, so, at least, that hasn't changed.

While the NFL landscape already looks quite different than it did a week ago, free agency still has plenty left to unfold. Here, we'll examine some of the top storylines of Week 2 and examine where every team's salary cap situation stands.

Updated Cap Picture Entering Week 2 of Free Agency

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New England Patriots $79.9 million

Los Angeles Chargers $57.6 million

Seattle Seahawks $57.5 million

Tennessee Titans $54.6 million

Arizona Cardinals $52.3 million

Detroit Lions $49.9 million

Las Vegas Raiders $39.3 million

Pittsburgh Steelers $38.5 million

Jacksonville Jaguars $34 million

San Francisco 49es $30.6 million

Washington Commanders $29.3 million

Dallas Cowboys $26.4 million

New York Giants $25.9 million

Chicago Bears $22.5 million

Minnesota Vikings $22.3 million

Kansas City Chiefs $21.2 million

New York Jets $18.8

Green Bay Packers $16.8 million

Carolina Panthers $14.5 million

Philadelphia Eagles $14.7 million

Cincinnati Bengals $13.8 million

Indianapolis Colts $10.6 million

Miami Dolphins $10.5 million

Baltimore Ravens $9.7 million

Denver Broncos $9.7 million

New Orleans Saints $8.1 million

Buffalo Bills $5.7 million

Cleveland Browns $5.6 million

Los Angeles Rams -$497,310

Houston Texans -$1.4 million

Atlanta Falcons -$7.4 million

Tampa Bay Buccaneers -$21.3 million

*Cap information via Spotrac, as of 12 a.m. ET on 3/17

Salary Cap and Free Agency Overview

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The early days of free agency were brimming with activity. For those who didn't follow along, Bleacher Report had grades for every major move of Monday, Tuesday, Wednesday, Thursday and Friday.

The action slowed considerably over the weekend, though the signings and trades did continue to trickle in.

Most of the moves on Saturday were of the bargain/depth variety, like the Kansas City Chiefs bringing back JuJu Smith-Schuster or the San Francisco 49ers re-signing Kyle Juszczyk.

There were some surprising developments, however. The 49ers traded backup running back Jordan Mason to the Minnesota Vikings in exchange for a 2026 sixth-round pick and a 2025 pick swap, according to ESPN's Adam Schefter.

Mason, who rushed for 789 yards and three touchdowns in 12 games last season, will now pair with Aaron Jones in Minnesota. The trade may or may not steer the Vikings away from what is perceived as a very deep running back draft class.

Sunday was even more quiet on the free-agency front, with the highlight move possibly being Cooper Rush signing to be Lamar Jackson's backup with the Baltimore Ravens.

The most significant development on Sunday involved a pair of star wide receivers already under contract, sort of, with the Cincinnati Bengals.

Tee Higgins, who was given the franchise tag earlier this month, will receive a new four-year, $115 million contract, while Ja'Marr Chase will get a four-year, $161 million deal, according to Fox Sports' Jordan Schultz.

Depending on how those contracts are structured, they could impact Cincinnati's 2025 cap outlook significantly, though full terms probably won't be available until later in the week.

On average, the Bengals will be paying their top two receivers a combined $69 million per season—while also paying quarterback Joe Burrow $55 million annually. That's $113 million for three players, which seems like quite a bit. With a steadily rising salary cap, though, it could be manageable.

Regardless of how the deals are structured, the Bengals aren't among the most cap-rich teams entering Week 2. The New England Patriots, Los Angeles Chargers, Seattle Seahawks, Tennessee Titans and Arizona Cardinals continue to top the list.

Cincinnati isn't at the bottom either, where the Tampa Bay Buccaneers, Atlanta Falcons, Houston Texans and Los Angeles Rams face some financial hurdles.

What's left to develop in free agency? Quite a lot, actually. While Rodgers looms over the lingering quarterback market, veterans like Russell Wilson, Jameis Winston and Joe Flacco also remain available.

According to ProFootballTalk's Mike Florio, the 40-year-old Flacco is "in play" for the Cleveland Browns, New York Giants and Pittsburgh Steelers openings.

The veteran receiver market—which still includes Stefon Diggs and Amari Cooper—could pick back up following Friday's agreement between the Seahawks and Cooper Kupp.

Other notable players who remain available include guard Teven Jenkins, edge-rusher Azeez Ojulari, cornerback Asante Samuel Jr., safety Justin Simmons and running back Nick Chubb.

There's still time for trades between now and next month's draft too, and Atlanta Falcons quarterback Kirk Cousins continues to be the biggest who could be dealt.

Atlanta picked up Cousins' $10 million bonus over the weekend, so he won't be released this offseason, but he could be traded for the right price. However, the Falcons aren't in a rush to get anything done.

"I continue to hear that the Falcons are not overly motivated to move Kirk Cousins right now," ESPN's Jeremy Fowler said Sunday on SportsCenter (h/t Bleacher Report's Scott Polacek).

We may be in a quieter stage of the NFL offseason, but expect the league to generate plenty of headlines in the coming weeks.

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