
Updated NFL Salary Cap Outlook for All 32 Teams Entering Week 3 of Free Agency 2025
The 2025 edition of NFL free agency is entering its third week on Monday, and it's fair to say that the flood of activity has slowed considerably.
We saw a flurry of contract agreements, trades and releases at the onset of the legal-contact window, but updates to the transaction wire have been sparse in the second wave of free agency. Things have been crawling as players make in-person visits and weigh contract offers, though the moves are still incoming.
A few notable free agents remain available too, along with a slew of potential bargains that could be signed between now and next month's draft.
Here, you'll find an updated look at every team's cap situation and the latest on 2025 free agency.
Updated 2025 Salary Cap Picture
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New England Patriots $84.2 million
Seattle Seahawks $68.1 million
Los Angeles Chargers $47.4 million
Arizona Cardinals $45.9 million
Detroit Lions $45.2 million
Pittsburgh Steelers $43.8 million
San Francisco 49ers $43.7 million
Dallas Cowboys $41.1 million
Tennessee Titans $38.8 million
Las Vegas Raiders $36.5 million
New Orleans Saints $35 million
Washington Commanders $33.5 million
Green Bay Packers $33.3 million
Minnesota Vikings $32.6 million
Jacksonville Jaguars $29 million
Chicago Bears $23.6 million
Philadelphia Eagles $23.3 million
New York Jets $22.3 million
Indianapolis Colts $21.8 million
Cincinnati Bengals $20.5 million
New York Giants $19 million
Cleveland Browns $18.9 million
Denver Broncos $17.2 million
Kansas City Chiefs $15.7 million
Carolina Panthers $13.8 million
Baltimore Ravens $13.1 million
Miami Dolphins $7.7 million
Houston Texans $4.3 million
Buffalo Bills $662,978
Los Angeles Rams -$3.1 million
Tampa Bay Buccaneers -$5 million
Atlanta Falcons -$13.2 million
*Cap space with top 51 contracts considered, per Spotrac as of 12 a.m. ET on 3/24
Salary Cap and Free Agency Overview
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We've examined the NFL's salary cap pictured several times throughout free agency, and when we've done so in the past, we've examined where teams stand with all contracts considered.
Now, we'll pivot to where teams reside under the "top-51 rule."
During the NFL offseason—from the start of free agency to the preseason cutdown to 53 players—only the top 51 contracts count towards a team's cap-compliance Referencing all contracts paints a more accurate picture of where teams stand overall, and what needs to be done, financially, ahead of Week 1. However, examining only the top 51 contracts gives a better idea of each team's financial flexibility at this point in the offseason.
Under the top 51 rule, teams can essentially add lower-priced free agents with little or no impact on their cap situation.
If, for example, a team signs a player to a veteran minimum salary of $1.2 million, and 51 other contracts already carry a higher value, that $1.2 million won't count against the offseason cap. If a team signs a player to a deal with a $3 million salary, and its 51st contract has a $1.2 million value, only $1.8 million will count against the offseason cap.
This helps explain why teams with little cap space can still add players three weeks into free agency. The top 51 rule doesn't really help teams that are over the cap, like the Los Angeles Rams, Tampa Bay Buccaneers and Atlanta Falcons, but it does aid teams on the lower end of the salary-cap spectrum.
The Cleveland Browns, for example, had just $4.3 million in cap space entering Week 1 of free agency. They've added the likes of Maliek Collins, Joe Tryon-Shoyinka and Cornelius Lucas. Last week, they also added offensive lineman Teven Jenkins, who was a top-25 player on Bleacher Report's free agency big board.
The list of top free agents who remain available includes Rasul Douglas, Asante Samuel Jr., Justin Simmons Amari Cooper, Aaron Rodgers and Russell Wilson.
While teams can find value in players like Cooper and Samuel—or even more budget-friendly players like Jedrick Wills or Tyus Bowser—most eyes will be on the ongoing quarterback carousel.
Another QB domino fell on Friday, when the New York Giants signed Jameis Winston to a two-year, $8 million deal. However, the Giants are still reportedly in the mix for Wilson.
Wilson has visited with the Browns this offseason and could return to the Pittsburgh Steelers, but New York is still in play after adding Winston, according to ProFootballTalk's Mike Florio.
"They are as much/more looking for a veteran starter than the Browns, definitely more than Vikings," a source told Florio.
The Minnesota Vikings are seeking a veteran as insurance behind second-year signal-caller J.J. McCarthy, but the Steelers, Giants and Browns are the teams without a strong 2025 starting plan.
Rodgers visited Pittsburgh on Friday. Though no agreement was reached, the two parties had a "positive visit," according to ESPN's Adam Schefter.
It would seem that the Steelers are waiting for Rodgers to make a decision before pivoting back to Wilson. As a result, the Giants and Browns could continue to play the waiting game regarding Wilson.
Rodgers has done nothing this offseason to suggest that he'll reach a decision quickly, though his choice could come at any time. According to NFL Network's Tom Pelissero, Rodgers and the Steelers have had contract parameters in place "for weeks."
Whether Rodgers makes an announcement this week or not, free agency will continue rolling along. Teams rich in cap space like the New England Patriots, Seattle Seahawks and Los Angeles Chargers are poised to be the biggest players, even if they're not in the quarterback market.
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