NFL Teams Finalize 2025 Salary Cap Carryover

Each of the NFL teams has officially submitted to the NFL the amount of 2024 salary cap space that they will carry over to the 2025 season. At the top of the list is the 49ers who will carry over $50.097 million to 2025. The 49ers created this much cap room by design through restructures in 2024 that were almost solely done to aid the team’s potential salary cap crunch in 2025. The Browns were 2nd with $41.951 million and they led the NFL in restructured contracts in 2024 for the same reason as the 49ers.

At the low end of the numbers were the Jets who only had $345,919 to carry over to 2025. They used up some cap room at the last minute to prepay some incentives, but in general they went all in on the year and had little to show for it. Carolina was next with $490,368 as they are still dealing with the fallout from decisions made in the past. The average carryover was $11,584,981 and the median was $6,348,893.

We have been using estimates for the carryover for all of our cap figures for 2025 and those have now been updated to reflect the real numbers. We will be adding in some estimated adjustments in the coming weeks and then change those when the NFL makes the numbers official. Here is the amount of carryover for each team:

TeamCarryover
49ers$50,096,964
Browns$41,951,049
Patriots$34,855,309
Raiders$33,565,351
Lions$23,732,763
Commanders$19,832,564
Cowboys$18,842,847
Jaguars$15,890,203
Packers$15,110,980
Titans$14,723,876
Cardinals$11,377,187
Colts$10,099,589
Seahawks$8,421,062
Steelers$6,831,465
Eagles$6,806,524
Buccaneers$6,629,378
Falcons$6,068,408
Vikings$5,936,235
Bengals$5,935,175
Bears$5,084,460
Chargers$4,893,894
Texans$4,811,487
Chiefs$3,145,013
Dolphins$3,001,697
Saints$2,929,173
Rams$2,749,703
Ravens$2,136,843
Broncos$1,911,639
Bills$1,340,227
Giants$1,172,048
Panthers$490,368
Jets$345,919

Saints Clear $16.7M in Cap Space

The New Orleans Saints have begun their annual cleaning of the salary cap by finalizing the expected restructure of OT Ryan Ramczyk’s contract to pave the way for Ramczyk to officially retire this summer. Ramczyk, who had an outstanding seven year run with the Saints, is one of the players who paved the way for right tackles to be paid closer to the level of left tackles when he signed his $19.2 million per year contract extension in June of 2021. At the time the only right tackles who were paid closer to the left tackle level were those who teams felt would be able to market themselves as a left tackle in free agency. Ramczyk spent all of 2024 on the PUP list and many expected that he would retire this year.

To help the Saints salary cap, Ramczyk agreed to eliminate his $18 million base salary for 2025 and reduce it to the minimum of $1.255 million. This frees up $16.745 million in cap room, allowing the Saints to carry him on the roster at a $12.33 million cap figure until June 2nd at which point he should likely retire. Prior to this the Saints would have had to carry his cap figure at a $29 million number if they wanted to use the June 1 cut.

Ramczyk’s contract still has $23.066 million in dead money and by using the June 1 release the Saints will be able to split that up across two seasons at $11.083 million in 2025 and $11.983 million in 2026. Overall this puts the Saints in about a $12 million better position with the salary cap than if they released him or allowed him to officially retire in March.

The Saints still have a ton of work to do for 2025. Following this restructure they are still approximately $50 million over the 2025 salary cap, $27 million worse off than the next closest team.

The Cost to Trade or Cut Tyreek Hill

Tyreek Hill seemed to indicate that he is unhappy with the state of the Dolphins after the team failed to make the playoffs and he suffered his worst year since he was a rookie. Hill apparently made himself unavailable late in the loss against the Jets which could possibly void guarantee’s in his contract but let’s assume that does not happen and take a look at what it would really cost Miami to move Hill.

Miami signed Hill to new three year, $90 million contract in early August when Hill was unhappy that his contract had been surpassed by so many others in the league. The numbers, however, sound bigger then they really are. Miami was going to pay Hill $22.935 million in 2024 and the new deal gave him a raise of just $3.315 million this year. They did, however, guarantee $27.7 million for 2025 when his prior contract had no guarantees in 2025.

The structure of the contract was unusual for a star player extension and indicated that Miami’s front office understood that this could be more of a one and done scenario. While the guarantee is large for 2025, the salary itself is somewhat reasonable, ranking 5th among receivers in the NFL which makes it tradeable. Miami did not include a large roster bonus in 2025 as part of the deal and they lowered his salary cap charge through the use of an option bonus worth $15.85 million, but with a date that is basically tied to the start of the regular season. Normally such bonuses would be paid in March when used early in a contract. That option date gives Miami a long time to work out a trade for Hill while keeping him at a cap number under $28M and forcing all of his guarantee onto a trade partner. Hill has no injury protection for 2026.

Cutting Hill outright is not feasible for Miami unless he gives up his guaranteed salary. The cost to cut Hill would be $55.95 million on the salary cap if Hill was a straight release. They could opt for a post June 1 cut but the dead money next year would be either $40.4 million if they did not exercise the option or $27.7 million if they did. Exercising the option would reduce the ability for Miami to offset that guarantee when Hill signed elsewhere.

Trading Hill would be reasonable as the dead money is just $28.3 million, which is about his current cap number. If they waited until the summer to execute a trade the number would drop to only having to account for $15.9 million in 2025 and the rest of it in 2026. That might give the Dolphins whatever cap room they need to function for the 2025 year since they have a bad salary cap situation where they project to be around $11 million over the salary cap.

For all of the grief that Miami gets about their contract decisions and what they have done with their cap their last few years, this is one where Miami left themselves a lot of opportunity to get out of a contract if things went sideways. Now we will see if they take advantage of the situation they created for themselves.

2025 Salary Cap Space Update

With the regular season over more than half of the league is already looking ahead to the draft and free agency. Here is an updated look at where teams stand with the salary cap next year as well as how many UFA’s the team has next year. These salary cap numbers include estimated carryover from 2024 but do not include estimated adjustments or escalators which will reduce some teams cap room while increasing others. We will update those in the coming weeks. These numbers do include the minimum salary required to reach 51 players for each team which is why the numbers will look different than the salary cap page.

TeamCap RoomUFAs
Patriots$126,129,22010
Raiders$97,799,84016
Commanders$81,745,03128
Cardinals$77,264,28320
Bears$66,627,54321
Vikings$65,166,34723
Chargers$61,881,89427
49ers$54,591,12924
Titans$52,602,83420
Packers$52,482,83411
Bengals$51,942,96318
Lions$51,250,62924
Rams$50,305,45416
Giants$46,556,67221
Steelers$45,360,79122
Broncos$45,254,37013
Jaguars$39,672,68410
Colts$38,702,79719
Jets$26,253,27723
Eagles$23,598,94514
Panthers$22,736,52621
Buccaneers$16,622,04022
Cowboys$11,493,77722
Ravens$9,496,64417
Chiefs$8,286,50620
Texans$4,680,20221
Bills$3,287,32513
Falcons($7,168,688)22
Dolphins($10,813,196)26
Seahawks($12,304,010)10
Browns($24,536,142)21
Saints($66,027,944)17

A Financial Look at the NFL Pro Bowl Rosters

The NFL announced the official Pro Bowl rosters today and here is a look at how the teams stack up in terms of contract and salary cap charges:

PlayerTeamPositionContract TypeYear SignedAPYCap
Josh AllenBillsQBExtension2021$43,000,000$30,356,281
Joe BurrowBengalsQBExtension2023$55,000,000$29,551,112
Lamar JacksonRavensQBFranchise2023$52,000,000$32,400,000
Derrick HenryRavensRBUFA2024$8,000,000$5,105,000
Joe MixonTexansRBExtension2024$9,875,000$5,500,000
Jonathan TaylorColtsRBExtension2023$14,000,000$10,666,000
Patrick RicardRavensFBUFA2022$3,750,000$5,155,000
Ja’Marr ChaseBengalsWRDrafted2021$7,704,911$9,806,250
Jerry JeudyBrownsWRExtension2024$17,500,000$4,700,000
Nico CollinsTexansWRExtension2024$24,250,000$6,643,205
Zay FlowersRavensWRDrafted2023$3,509,110$3,190,100
Brock BowersRaidersTEDrafted2024$4,534,696$3,297,961
Travis KelceChiefsTEOther2024$17,125,000$19,551,944
Dion DawkinsBillsOTExtension2024$20,020,000$11,509,833
Laremy TunsilTexansOTExtension2023$25,000,000$25,855,882
Rashawn SlaterChargersOTDrafted2021$4,157,940$5,291,923
Quenton NelsonColtsOGExtension2022$20,000,000$25,200,000
Joe ThuneyChiefsOGUFA2021$16,000,000$26,971,713
Trey SmithChiefsOGDrafted2021$902,676$3,398,676
Creed HumphreyChiefsCExtension2024$18,000,000$5,151,856
Tyler LinderbaumRavensCDrafted2022$3,309,574$3,610,444
Myles GarrettBrownsEDGEExtension2020$25,000,000$20,168,895
Trey HendricksonBengalsEDGEExtension2023$21,000,000$20,166,666
Maxx CrosbyRaidersEDGEExtension2022$23,500,000$30,483,250
Cameron HeywardSteelersIDLExtension2024$14,500,000$12,606,250
Chris JonesChiefsIDLUFA2024$31,750,000$7,350,000
Nnamdi MadubuikeRavensIDLFranchise2024$24,500,000$7,100,000
Nik BonittoBroncosEDGEDrafted2022$1,450,472$1,582,333
T.J. WattSteelersEDGEExtension2021$28,002,750$30,418,694
Khalil MackChargersEDGEOther2024$19,000,000$25,395,000
Roquan SmithRavensLBUFA2023$20,000,000$9,843,750
Zaire FranklinColtsLBExtension2024$10,420,000$8,610,000
Derek Stingley Jr.TexansCBDrafted2022$8,664,379$9,452,050
Patrick Surtain IIBroncosCBExtension2024$24,000,000$9,669,983
Marlon HumphreyRavensCBExtension2020$19,500,000$22,877,800
Denzel WardBrownsCBExtension2022$20,100,000$12,138,918
Minkah FitzpatrickSteelersSExtension2022$18,247,000$21,355,000
Kyle HamiltonRavensSDrafted2022$4,063,772$4,433,206
Derwin JamesChargersSExtension2022$19,000,000$19,148,161
Ross MatiscikJaguarsLSExtension2022$1,267,500$1,285,000
Logan CookeJaguarsPExtension2021$3,000,000$2,600,000
Chris BoswellSteelersKExtension2022$5,000,000$4,720,000
Marvin MimsBroncosSpecDrafted2023$1,517,159$1,379,235
Brenden SchoolerPatriotsSpecExtension2024$3,000,000$1,465,000
Jared GoffLionsQBExtension2024$53,000,000$27,211,832
Jayden DanielsCommandersQBDrafted2024$9,436,663$6,863,027
Sam DarnoldVikingsQBUFA2024$10,000,000$5,000,000
Saquon BarkleyEaglesRBUFA2024$12,583,333$3,800,000
Jahmyr GibbsLionsRBDrafted2023$4,461,285$4,055,713
Josh JacobsPackersRBUFA2024$12,000,000$5,307,353
Kyle Juszczyk49ersFBOther2024$4,550,000$3,606,750
Justin JeffersonVikingsWRExtension2024$35,000,000$8,612,600
Amon-Ra St. BrownLionsWRExtension2024$30,002,500$4,862,315
CeeDee LambCowboysWRExtension2024$34,000,000$8,750,000
Terry McLaurinCommandersWRExtension2022$23,200,000$24,100,000
George Kittle49ersTEExtension2020$15,000,000$12,204,575
Trey McBrideCardinalsTEDrafted2022$1,574,915$1,718,089
Lane JohnsonEaglesOTExtension2023$20,000,000$15,865,000
Penei SewellLionsOTExtension2024$28,000,000$8,167,885
Tristan WirfsBuccaneersOTExtension2024$28,125,000$6,606,582
Landon DickersonEaglesOGExtension2024$21,000,000$5,987,940
Tyler SmithCowboysOGDrafted2022$3,347,279$3,651,577
Chris LindstromFalconsOGExtension2023$20,500,000$9,000,000
Frank RagnowLionsCExtension2021$13,500,000$12,800,000
Cameron JurgensEaglesCDrafted2022$1,725,756$1,882,643
Nick Bosa49ersEDGEExtension2023$34,000,000$14,671,000
Micah ParsonsCowboysEDGEDrafted2021$4,269,948$5,434,479
Rashan GaryPackersEDGEExtension2023$24,000,000$11,146,135
Jalen CarterEaglesIDLDrafted2023$5,451,546$4,955,951
Dexter LawrenceGiantsIDLExtension2023$22,500,000$14,575,776
Vita VeaBuccaneersIDLExtension2021$17,750,000$20,965,063
Jonathan GreenardVikingsEDGEUFA2024$19,000,000$5,740,000
Andrew Van GinkelVikingsEDGEUFA2024$10,000,000$3,400,000
Jared VerseRamsEDGEDrafted2024$3,783,587$2,751,699
Fred Warner49ersLBExtension2021$19,045,000$12,649,000
Zack BaunEaglesLBUFA2024$3,500,000$1,600,000
Jaylon JohnsonBearsCBFranchise2024$19,000,000$13,000,000
Byron MurphyVikingsCBUFA2023$8,750,000$10,911,765
Jaycee HornPanthersCBDrafted2021$5,278,037$6,717,501
Devon WitherspoonSeahawksCBDrafted2023$7,965,288$7,241,171
Xavier McKinneyPackersSUFA2024$16,750,000$7,800,000
Budda BakerCardinalsSExtension2024$18,000,000$22,086,250
Brian BranchLionsSDrafted2023$2,005,436$1,823,123
Andrew DePaolaVikingsLSUFA2023$1,341,666$1,341,666
Jack FoxLionsPExtension2022$3,491,250$3,975,000
Brandon AubreyCowboysKUDFA2023$898,333$915,000
KaVontae TurpinCowboysSpecUDFA2022$853,333$985,000
KhaDarel HodgeFalconsSpecUFA2024$1,292,500$1,152,500

The vast majority of players are currently on contract extensions with the 2nd most players being those who are still on their rookie contracts.

Contract TypeTotal
Extension44
Drafted21
UFA15
Other3
Franchise3
UDFA2

As far as positional breakdowns here is the average salary breakdown per position

PositionTotalAvg. APYAvg. Cap
QB6$37,072,777$21,897,042
WR8$21,895,815$8,833,059
OT6$20,883,823$12,216,184
IDL6$19,408,591$11,258,840
EDGE12$17,750,563$14,279,846
CB8$14,157,213$11,501,149
OG6$13,624,993$12,368,318
LB4$13,241,250$8,175,688
S6$13,011,035$12,774,290
RB6$10,153,270$5,739,011
TE4$9,558,653$9,193,142
C4$9,133,833$5,861,236
FB2$4,150,000$4,380,875
P2$3,245,625$3,287,500
K2$2,949,167$2,817,500
Spec4$1,665,748$1,245,434
LS2$1,304,583$1,313,333

Finally the following players have earned incentives and escalators based on making the Pro Bowl:

PlayerInc./Esc
Vita Vea$500,000
Saquon Barkley$500,000
Budda Baker$500,000
Terry McLaurin$250,000
Rashan Gary$250,000
Landon Dickerson$250,000
Xavier McKinney$250,000
Byron Murphy$250,000
Marlon Humphrey$250,000
Ross Matiscik$50,000