NFL Teams' Updated Salary Cap for 2025 Ahead of Training Camp

Believe it or not, NFL training camps are already underway. The Los Angeles Chargers kicked things off when their rookies reported on Saturday. Several other teams will open camp this week, and the start of the preseason is right around the corner.

The Chargers and Detroit Lions will face off in the Hall of Fame Game on July 31.

While most of the focus in the coming weeks will be fixed on the practice field, it's important to remember that roster construction is still ongoing. Some quality free agents remain unsigned, contract situations remain unresolved, and a few notable trades are likely to unfold between now and the cutdown to 53 players on August 26.

Now's a perfect time to dig into the NFL's top financial storylines and where every team stands in terms of 2025 cap space.

Updated 2025 NFL Salary Cap Picture

AP Photo/Charles Krupa

Patriots head coach Mike Vrabel

New England Patriots $61 million

Detroit Lions $48.6 million

San Francisco 49ers $47.7 million

Arizona Cardinals $38.5 million

New York Jets $37 million

Green Bay Packers $35.9 million

Cincinnati Bengals $32.6 million

Dallas Cowboys $32.5 million

Las Vegas Raiders $32.8 million

Seattle Seahawks $31.2 million

Philadelphia Eagles $31.1 million

Tennessee Titans $30.7 million

Tampa Bay Buccaneers $29.8 million

Los Angeles Chargers $27.6 million

Minnesota Vikings $25.7 million

Pittsburgh Steelers $24.4 million

New Orleans Saints $23.3 million

Cleveland Browns $22.5 million

Washington Commanders $21.6 million

Los Angeles Rams $20.8 million

Indianapolis Colts $20.6 million

Jacksonville Jaguars $19.4 million

Carolina Panthers $18.7 million

Baltimore Ravens $17.9 million

Denver Broncos $15.5 million

Chicago Bears $15.4 million

Houston Texans $11.6 million

Kansas City Chiefs $11.5 million

Atlanta Falcons $5.3 million

Miami Dolphins $4.5 million

New York Giants $3.9 million

Buffalo Bills $95,321

Cap Overview and Latest Developments

AP Photo/Terrance Williams

Steelers edge T.J. Watt

It's important to note that, as of now, teams are operating under the "top-51 rule."

During the NFL offseason, only the top 51 contracts on a team's payroll count against the salary cap. This means that when calculating cap space, only the top 51 contracts are considered, while the rest of the offseason roster—which can be as large as 90 players—is largely irrelevant.

This means that some cap figures will change dramatically after the cutdown to 53 players, which all contracts will count against the cap. It also means that some teams have more financial flexibility than their cap space might indicate.

If a player is added to a roster and his contract number is lower than 51 other contracts, he won't count against the offseason cap.

Of course, the top unsigned free agents—a list that includes the likes of safety Justin Simmons, cornerback Rasul Douglas, wideout Amari Cooper and guard Brandon Scherff—are highly unlikely to sign deals that keep them out of the top-51 formula. This is why teams short on cap space, like the Buffalo Bills, New York Giants and Atlanta Falcons, may be finished adding marquee names.

Teams on the other end of the spectrum, like the New England Patriots and Detroit Lions, may still have a few moves in the proverbial tank. And we have seen some big moves in the post-draft offseason.

The Pittsburgh Steelers, for example, finally signed quarterback Aaron Rodgers to a one-year, $13.7 million deal. They also agreed to a trade with the Miami Dolphins that sent safety Minkah Fitzpatrick to Miami and cornerback Jalen Ramsey to Pittsburgh, along with tight end Jonnu Smith.

Pittsburgh probably isn't done generating headlines this offseason either. The Steelers are currently trying to work out a new contract with star pass-rusher T.J. Watt, and some recent buzz suggests that they haven't ruled out trading the seven-time Pro Bowler.

According to Mark Kaboly, a Steelers correspondent for The Pat McAfee Show, Pittsburgh has been "inquiring" about Watt's trade value.

"I’m sure that’s due diligence there at this point, right?” Kaboly told 93.7 The Fan (h/t ProFootballTalk's Mike Florio).

While the Steelers probably won't actually part with their best defender, his situation will be a big storyline during training camp. The Cincinnati Bengals are in a similar boat with star edge-rusher Trey Hendrickson.

The Bengals gave Hendrickson permission to seek a trade early in the offseason but never seemed to take offers seriously. Cincinnati hasn't given in to his contract demands either, which may lead to a continued standoff.

"Hendrickson sounds willing to keep the distractions rolling and stated publicly he won’t play on the current contract," Paul Dehner Jr. of The Athletic wrote.

While Hendrickson hasn't been traded yet, he's probably a more realistic target for teams in need of defensive help than Watt.

The Bengals are also facing a contract standoff with rookie first-round pick Shemar Stewart, who is unhappy with the team's attempts to include language that would allow it to void future guarantees.

Stewart isn't the only rookie who has yet to sign a contract. The vast majority of second-round rookies remain unsigned and could potentially hold out through the early stages of training camp. Chargers rookie wideout Tre Harris did not report on Saturday.

While we're going to see teams back on the playing field in just a couple of weeks, there's still plenty for teams to resolve off the field before the start of the regular season on September 4.