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Seahawks 2015 Cap Space

March 4, 2015
Schneider, Wilson & Carroll

The 2015 NFL season and free agency begins March 10th. Big story lines are the massive contract renegotiation coming for Russell Wilson and the rumored new contract offered to Marshawn Lynch. The Seahawks in the past two years have already reworked bigger deals for Richard Sherman, Earl Thomas, Kam Chancellor, Michael Bennett, Bobby Wagner, KJ Wright, Cliff Avril, Doug Baldwin and others. After taking care of their Quarterback and runningback the Seahawks, won’t have much cap space for free agents and rookies. Currently Seattle has the 21st most cap space after the Graham-Unger trade. Thanks to Spotrac.com for the details.

UPDATED 3/11/2015: Projected Top 51 Cap Space
The estimated amount of space a team currently has to work with when subtracting the projected $142,000,000 + the est. 2014 rollover + the est. maximum draft pool from their Top 51 Cap $.

Team                                     Players   Offense              Defense               Rollover            Top 51  CAP SPACE

1 Jacksonville Jaguars 69 $46,971,851 $48,606,049 $21,768,205 $103,382,330 $65,103,777
2 Oakland Raiders 65 $41,744,858 $34,863,288 $7,400,000 $90,525,171 $61,347,585
3 Tennessee Titans 57 $48,017,212 $53,607,378 $11,254,828 $107,833,347 $46,520,231
4 Cleveland Browns 65 $47,611,457 $70,234,586 $18,908,285 $121,425,903 $40,341,497
5 Tampa Bay Buccaneers 64 $46,504,252 $50,194,996 $1,063,033 $111,077,634 $33,832,255
6 Chicago Bears 53 $57,753,058 $46,262,172 $1,545,934 $113,881,712 $31,286,722
7 Atlanta Falcons 62 $70,577,682 $32,037,857 $2,845,290 $115,116,200 $31,132,615
8 Cincinnati Bengals 61 $47,521,543 $68,431,477 $8,697,310 $122,355,933 $29,774,502
9 New York Jets 61 $65,857,581 $57,496,184 $12,619,394 $130,181,926 $25,967,468
10 St. Louis Rams 59 $40,972,367 $65,544,809 $0 $118,859,342 $25,814,045
11 Philadelphia Eagles 64 $67,216,973 $51,707,934 $15,715,700 $134,830,542 $25,041,836
12 Green Bay Packers 60 $55,438,053 $62,108,048 $7,791,106 $126,599,371 $24,871,735
13 San Diego Chargers 61 $64,630,256 $41,127,249 $1,500,000 $118,542,506 $24,430,106
14 Washington Redskins 73 $70,581,994 $42,610,497 $108,621 $122,986,190 $23,605,555
15 Indianapolis Colts 69 $56,086,548 $61,528,794 $7,699,867 $129,751,609 $22,671,783
16 Houston Texans 60 $43,603,320 $67,870,646 $966,613 $125,618,753 $20,406,993
17 Arizona Cardinals 66 $56,433,114 $62,408,855 $4,256,919 $128,485,329 $20,030,537
18 Minnesota Vikings 70 $73,438,374 $54,575,282 $5,723,960 $129,600,915 $20,027,045
19 San Francisco 49ers 71 $62,971,047 $50,972,142 $4,206,936 $131,462,256 $18,393,724
20 Denver Broncos 68 $69,731,144 $55,399,414 $5,870,000 $131,921,080 $18,144,944
21 Seattle Seahawks 68 $44,425,919 $72,435,610 $4,825,000 $131,470,919 $16,786,819
22 Buffalo Bills 67 $49,995,459 $69,937,377 $2,647,907 $130,066,602 $16,007,282
23 New England Patriots 63 $69,638,888 $44,838,256 $6,442,054 $130,136,131 $14,441,953
24 Miami Dolphins 58 $54,594,905 $66,910,403 $7,770,411 $139,506,658 $13,420,279
25 Carolina Panthers 67 $66,928,668 $51,324,633 $4,939,773 $136,972,990 $12,398,647
26 New York Giants 77 $63,579,645 $52,849,771 $151,000 $131,482,309 $11,929,574
27 Baltimore Ravens 59 $57,500,305 $51,568,042 $5,791,927 $135,188,518 $9,942,609
28 Detroit Lions 62 $68,275,033 $48,256,253 $939,171 $135,205,145 $9,112,846
29 Dallas Cowboys 61 $75,298,723 $46,545,807 $3,260,740 $139,876,245 $8,702,068
30 Kansas City Chiefs 68 $62,550,701 $63,181,915 $2,246,790 $141,149,785 $4,994,415
31 Pittsburgh Steelers 65 $64,085,997 $61,157,580 $778,469 $140,080,320 $3,978,149
32 New Orleans Saints 64 $76,663,875 $45,535,320 $1,710,130 $143,083,847 $2,008,583

Free Agents
The total number of free agents a team currently carries, including the amount of Unrestricted Free Agents in parenthesis. (Click this to load the complete list).

2014 Rollover
These figures represent the estimated unused cap dollars each team is currently able to rollover from their 2014 roster. The Rams are currently the only team without available rollover money.

Adjustment
The league-provided adjustment based on factors from last year’s cap.

Adjusted Team Cap
The teams’ new salary cap including Rollover + Adjustment + $143,280,000

Signed Players
The number of players currently with a 2015 contract.

Top 51 Cap $
The combined cap total for the 51 largest contracts on a team’s roster. Teams will be expected to get this figure under the finalized cap figure by March 10, 2015 (4PM EST). For now we’re estimating that figure to be $142 million.

Estimated Draft Pool
The maximum amount of estimated cap dollars a team will need to spend to sign all of their upcoming 2015 draft picks (assuming the rookie scale mimics the 2014 scale, though it may increase slightly if the overall team cap rises more than expected).

BRIEF ANALYSIS BY TEAM

Arizona Cardinals

The Cardinals cleared $12.75M with the restructured extension for WR Larry Fitzgerald, and now have more than $5M in space per our estimates. DL Darnell Dockett should be the next order of business in helping to clear cap space.

Atlanta Falcons

Atlanta sits in nice shape heading towards the free agent period, with more than $22.6M currently available. They can add another $3.75M to that by releasing RB Steven Jackson, one of a few expected cap casualties this offseason.

Baltimore Ravens

With just $2.78Min estimated space, Baltimore will be making noise in the coming weeks. LB Arthur Brown, and DE Chris Canty are among the early bubble players, and would clear a combined $3.75M in 2015 space.

Buffalo Bills

The Bills can use plenty of their $30.4M+ in estimated cap space to make up for their lost 1st round pick in free agency this offseason and appear to be starting their offseason by trying to lock down pending free agent pass-rusher Jerry Hughes, and RB C.J. Spiller. They’re execpted to be actively seeking offensive linemen, defensive backs, and maybe even a free agent QB.

Carolina Panthers

The Panthers stand at a healthy $13.8M in space after a few minor moves, and appear poised to add to that by releasing 9-year RB DeAngelo Williams. They’ll likely designate the move a Post -June 1st release, clearing $2M in space (but cannot officially do so until March 10th).

Chicago Bears

The Bears need a new defense, and have a $5.7M draft pool, and $23.7M in current cap space to do so.Current QB contract withstanding, it’s a big offseason for the new regime in Chicago.

Cincinnati Bengals

The Bengals are actually in a pretty nice spot in terms of space ($35M), and parting free agents (14). Overall the Cincinnati defense underachieved in 2014, and DE Robert Geathers might become a casualty of it. Doing so would clear $3.05M more in cap space.

Cleveland Browns

The Browns are a bit of a mess. Their starting QB is about to hit free agency. Their 2014 1st round-selected QB can’t stay out of the bars. Their top offensive weapon in WR Josh Gordon is facing a suspension for the entire 2015 season. Silver lining: Cleveland holds two first round picks, and more than $50M in projected cap space.

Dallas Cowboys

The Cowboys hold two of the more notable free agents in WR Dez Bryant and RB DeMarco Murray. With a little under $15M in est. space to work with as of today, it’s unlikely they’ll get both back in the fold next year. Restructuring the contract of Tony Romo seems likely.

Denver Broncos

The Broncos have 7 2014 starters set to hit free agency. While they currently possess north of $26M in cap space, it seems unlikely that all will return, especially with the use of the franchise tag (likely to Demaryius Thomas).

Detroit Lions

No team has a bigger (and costlier) decision to make this offseason than the Lions do with DT Ndamukong Suh. With just over $15M in space, they’ll need to clear space to have a chance to keep him in the fold.

Green Bay Packers

After nearly finding themselves in the Super Bowl, the Packers are in excellent shape heading into the offseason, carrying more than $27M in space. Notable free agents include RT Bryan Bulaga, and WR Randall Cobb.

Houston Texans

Houston should be busy early on freeing up much needed space (just $11M currently). They have plenty of needs (including QB), and not enough capital to work with as of today. Restructuring WR Andre Johnson, and trading/releasing CB Johnathan Joseph may be options.

Indianapolis Colts

The Colts have made swift work in trimming their unnecessary pieces heading into 2015, and have now accumulated nearly $43M in cap space. They’ll add another $3M to that by releasing the now non-guaranteed salary of RB Trent Richardson, and should look to sign back a chunk of their 15 unrestricted free agents.

Jacksonville Jaguars

Oh to be the GM in Jacksonville this offseason, who currently has just under $60M cap dollars to “play with” – and that’s after accounting for a $7.3M draft pool. They can add to that figure by cutting ties with RB Toby Gerhart and backup QB Chad Henne. We expect to see plenty of new faces in a Jaguars uniform in the coming months.

Kansas City Chiefs

Somewhat unexpectedly, the Chiefs are in poor shape heading into the 2015 league year. With less than $3M to work with Kansas City will need to be creative in the coming weeks to put themselves in a position to get better. Restructuring LB Tamba Hali, and cutting ties with underachieving WR Dwayne Bowe could be priorities.

Miami Dolphins

With just $1.8M in estimated space, change is coming in Miami. No team has more rumored “cap casualties” thus far than the Dolphins, who might seemingly cut ties with WRs Brian Hartline & Brandon Gibson, LBs Phillip Wheeler and Dannell Ellerbe, while also shopping the high-paid Mike Wallace.

Minnesota Vikings

The Vikings will be a team to watch this offseason, as we await the future plans of RB Adrian Peterson. His outright release or trade would clear $13M in space, bringing their total space up to more than $30M. They can add even more to that by removing borderline pieces (QB Matt Cassel, G Charles Johnson, WR Greg Jennings).

New England Patriots

The Patriots -$4.7M in space is a bit deceiving, as it includes a $25M option for CB Darrelle Revis. The notable pending free agent list contains S Devin McCourty, RBs Shane Vereen/Steven Ridley, and K Stephen Gostkowski. Cutting ties with WR Danny Amendola can clear up to $4.5M in space.

New Orleans Saints

The Saints used every trick in the book to get themselves under the cap in 2014, and they’re in just as much trouble so far in 2015. New Orleans currently sits at a whopping -$23.3M in the hole heading into the new league year. The cap mess probably means the end of Marques Colston in a Saints uniform.

New York Giants

New York boasts just over $16M in space after draft allocations, which might make it difficult to bring back DE Jason Pierre-Paul (though the franchise tag appears to be in play). Restructuring QB Eli Manning by way of a long-term extension would be a nice way to free up some immediate room.

New York Jets

The $48.3M in cap space might be one of the lone bright spots surrounding the Jets right now. With a $10.5M cap, WR Percy Harvin may be on the roster bubble as well, meaning New York has the money to buy/obtain pretty much anyone they wish this offseason.

Oakland Raiders

The Raiders can add to an already impressive $49.7M in cap space by cutting ties with RB Maurice Jones-Drew and QB Matt Schaub, though the latter could easily make the 2015 roster. Look for new head man Jack Del Rio to poach some of his former Broncos free agents this offseason.

Philadelphia Eagles

The Eagles are an interesting team right now. They may add a few pieces and try to push the current team into the postseason. They may also blow the thing up and start over this offseason, which may include cutting ties with highly-paid RB LeSean McCoy.

Pittsburgh Steelers

The removal of longtime defensive coordinator could signal a rebuild of an aging defense in Pittsburgh. This may include the release of S Troy Polamalu, which can clear $6M in space (currently -$1.3M).

San Diego Chargers

San Diego carries $25M in space into the offseason, but holds a list of fairly notable pending free agents to lose as well. They can add another $5M in space by releasing the underachieving LB Jarret Johnson.

San Francisco 49ers

Two years removed from the NFC Championship game, this team is now in total flux. The Niners only have around $1.5M in space when accounting for current contracts, dead cap, and projected draft pick compensation. They can begin to dig out by moving on from OLB Ahmad Brooks, restructuring/releasingWR Stevie Johnson, and restructuring the majority of QB Colin Kaepernick’s $10.4M salary into signing bonus.

Seattle Seahawks

The Seahawks have combined strong drafting with timely extensions to keep their cap tables flexible and well-structured. They’ll carry $23.8M of space into an offseason that should include a monster extension for their worthy quarterback.

St. Louis Rams

The Rams have actually allocated themselves into cap trouble thus far for the 2015 season (currently an estimated $1.4M in the hole). They can free up more than $13M in space by cutting ties with C Scott Wells and OT Jake Long.

Tampa Bay Buccaneers

The Bucs not only hold the first overall selection in the upcoming draft, but an additional $27.6M in cap space to work with as well. They’ve already released QB Josh McCown, and might soon do the same withDE Michael Johnson in the coming weeks, a move that would clear $2M more.

Tennessee Titans

Tennessee carries more than $39M in cap space to play with right now, and should add to that with the removal of S Michael Griffin ($4.5M in savings) and RB Shonn Greene ($3.35M in savings). Their 21 pending unrestricted free agents is tied for most in the league.

Washington Redskins

The Redskins are in “decent” shape right now, with just north of $12M in estimated space to work with. They’ll likely add to this by moving on from G Chris Chester ($4M in savings), DE Stephen Bowen ($5.5M in space), and possibly DB Tracy Porter ($2.8M in savings). It’s likely the majority of their 14 UFAs walk this March.

For more information about an NFL agent, contact a Seattle NFL Agent.

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