6 NFL Teams With the Most Money To Spend
What is cap space? Fans of any professional sport with a salary cap are aware of what that means — it’s the amount of money a team can spend on players before they hit a limit. Whether they can go over depends on the kind of cap it is (a soft cap is more flexible than a hard cap, as one might infer), but the space exists to be filled with players’ contracts. To ensure that teams are at least nominally on the same page, most leagues institute a salary floor, or a minimum amount of money that must be spent on player salaries each year.
For 2014, the NFL’s cap is roughly $133 million, and teams are required to spend 89 percent of the cap (that’d be the floor part of the equation). Since the National Football League has a hard cap, every franchise is required to float between $118 and 133 million. While the actual language behind the cap, like the salary contracts themselves, is positively Byzantine, the general rules of thumb are not: More cap space equals more room to get more help; less cap room means less room to do the same thing.
So which teams are still holding on to the most space? Certainly not the Pittsburg Steelers, according to the NFL Player Association’s public report, which is updated daily. As of this writing, the Steelers have a little more than $300,000 before they hit the cap. The Redskins are also not on the list, having only $2.5 million to work with.