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Cowboys, Patriots, More NFL Teams' Updated Salary Cap After Post-June 1 Releases
Monday marks a key benchmark on the NFL offseason calendar, as the post-June 1 releases that teams have already announced can be officially processed.
While most clubs have been making moves to account for their increased salary cap from post-June 1 cuts, the cap implications will finally take effect.
Here is how much cap space all 32 teams have going into the post-June 1 period of the offseason:
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- New England Patriots: $67.3 million
- San Francisco 49ers: $50.04 million
- Detroit Lions: $40.2 million
- Las Vegas Raiders: $36.2 million
- Arizona Cardinals: $32.1 million
- Dallas Cowboys: $31.9 million
- Pittsburgh Steelers: $31.9 million
- Seattle Seahawks: $31.2 million
- Tennessee Titans: $30.2 million
- Green Bay Packers: $28.9 million
- Cincinnati Bengals: $27.1 million
- Los Angeles Chargers: $26.8 million
- Jacksonville Jaguars: $26.8 million
- Tampa Bay Buccaneers: $26.6 million
- New York Jets: $25.03 million
- New Orleans Saints: $22.6 million
- Washington Commanders: $21.1 million
- Philadelphia Eagles: $20.6 million
- Indianapolis Colts: $20.1 million
- Los Angeles Rams: $19.6 million
- Carolina Panthers: $18.7 million
- Baltimore Ravens: $16.3 million
- Denver Broncos: $16.2 million
- Chicago Bears: $14.8 million
- Minnesota Vikings: $14.2 million
- Miami Dolphins: $13.6 million
- Kansas City Chiefs: $10.7 million
- Cleveland Browns: $10.5 million
- Houston Texans: $7.6 million
- New York Giants: $5.9 million
- Atlanta Falcons: $5.02 million
- Buffalo Bills: $1.7 million
Cap figures via Over the Cap.
A post-June 1 designation allows clubs to push a player's future prorated earnings into the following season, creating additional salary cap space for the upcoming year.
There were a total of 13 players released earlier this offseason with the designation. The San Francisco 49ers, New York Jets, Philadelphia Eagles, Cleveland Browns and Baltimore Ravens are the five teams that have already used the maximum two post-June 1 release designations.
San Francisco's offseason roster purge has left it with an NFL-high $84.6 million in dead money for the 2025 season. The Seattle Seahawks are second in that category at $67.4 million.
The $84.6 million charge to the 49ers for players no longer on the roster isn't the largest amount of dead money a team has carried into a season. The Chicago Bears had a $91.8 million dead cap charge in 2022.
The New England Patriots, who entered the offseason with the most cap space in the NFL, still sit atop the list even after spending $360 million in contracts on 16 players in free agency.
Even though the Dallas Cowboys were the fourth-lowest spending team in free agency, they are sixth in cap space with $31.9 million. They are just over $3,000 ahead of the Pittsburgh Steelers.
There are still plenty of chances for teams to create cap space with post-June 1 moves. Among players currently on teams, the two big dominoes everyone is waiting to fall involve Jalen Ramsey and Kirk Cousins.
Ramsey has been on the trade block since April when Miami Dolphins general manager Chris Grier said they were shopping the star cornerback. They are almost certainly waiting until after June 1 because that would save the club $9.9 million against the 2025 cap.
Cousins, who was not with the Atlanta Falcons for OTAs this week, has made it clear he still views himself as a starting quarterback. Since the Falcons are going with Michael Penix Jr. as their starter, dealing the 36-year-old would seem likely to happen at some point this summer.
A trade of Cousins is tricky because his contract includes a full no-trade clause, giving him control over where he ends up.
The last big free-agent domino still standing is Aaron Rodgers. It seems to be Steelers or bust for him at this point, but there's no definite indication he will sign with them at this point.
Rodgers' situation could also have a big impact on the Falcons. Cousins has been cited as a potential alternative option in Pittsburgh if the four-time NFL MVP decides not to play in 2025.
Other players who have been rumored as potential post-June 1 cut/trade candidates include Tyreek Hill, Jaire Alexander and Will Levis.
There won't be as much activity starting on Monday as there was when the initial free-agent period started in March, but this is the point on the calendar when teams have a little more financial flexibility to make late additions to their roster to improve their chances of competing in 2025.
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