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[dolphindude13]

For the sake of this installment, we have designated teams that are less than $5M under the cap in RED. These are teams that have little money to sign free agents and may need to make cuts or restructure salaries in order to sign all of their draft picks. Note without comment that the only team that is OVER the cap (as of this writing) is the Washington Redskins! Teams in BLACK, which are between $5M and $20M under the cap, are teams that look to be in pretty good shape in terms of adding more veterans and signing all of their rookies without having to take drastic measures. Teams in GREEN are teams that are well under the cap and should have plenty of room to sign free agents and rookies. Note that for the first time in years, almost every team in is very good cap shape.

With the latest extension to the CBA, the 2008 salary cap is approximately $116 M, which represents a nice increase over last year's estimated $109 M figure. (Note that the cap was "just" $85.5 M in 2005, the final season prior to the CBA's extension and $102 M in 2006 after the CBA extension.)

Keep in mind that these numbers remain tentative -- and are changing on a daily basis. These "unofficial" figures are approximate as of December 27, 2007 and were compiled from various media sources including the NFLPA, ESPN and Sports Illustrated.


Projected 2008 NFL Salary Cap Space for Each Team

Rank Team $ Under the Cap
1 San Diego Chargers $43.03 M
There are currently 44 players under contract.
2 Tennessee Titans $40.85 M
There are currently 39 players under contract.
3 Miami Dolphins $35.56 M
There are currently 48 players under contract.
4 Jacksonville Jaguars $32.69 M
There are currently 43 players under contract.
5 Buffalo Bills $32.05 M
There are currently 49 players under contract.
6 New Orleans Saints $31.69 M
There are currently 39 players under contract.
7 Cincinnati Bengals $31.45 M
There are currently 48 players under contract.
8 San Francisco 49ers $30.91 M
There are currently 48 players under contract.
9 Cleveland Browns $30.31 M
There are currently 42 players under contract.
10 Arizona Cardinals $30.27 M
There are currently 34 players under contract.
11 NY Jets $27.72 M
There are currently 45 players under contract.
12 Oakland Raiders $25.98 M
There are currently 40 players under contract.
13 Tampa Bay Buccaneers $25.9 M
There are currently 48 players under contract.
14 NY Giants $24.47 M
There are currently 49 players under contract.
15 Detroit Lions $23.5 M
There are currently 42 players under contract.
16 Houston Texans $22.91 M
There are currently 43 players under contract.
17 Dallas Cowboys $20.61 M
There are currently 40 players under contract.
18 Kansas City Chiefs $20.27 M
There are currently 44 players under contract.
19 Chicago Bears $19.8 M
There are currently 52 players under contract.
20 Pittsburgh Steelers $18.61 M
There are currently 43 players under contract.
21 Green Bay Packers $18.37 M
There are currently 48 players under contract.
22 Philadelphia Eagles $17.17 M
There are currently 49 players under contract.
23 Denver Broncos $16.77 M
There are currently 49 players under contract.
24 Minnesota Vikings $14.88 M
There are currently 49 players under contract.
25 New England Patriots $10.93 M
There are currently 41 players under contract.
26 St. Louis Rams $9.61 M
There are currently 45 players under contract.
27 Seattle Seahawks $9.55 M
There are currently 44 players under contract.
28 Indianapolis Colts $8.49 M
There are currently 48 players under contract.
29 Carolina Panthers $6.05 M
There are currently 35 players under contract.
30 Atlanta Falcons $5.79 M
There are currently 52 players under contract.
31 Baltimore Ravens $5 M
There are currently 42 players under contract.
32 Washington Redskins $-20.72 M
There are currently 45 players under contract.

http://www.askthecommish.com/salarycap/numbers.asp

San Diego, Jacksonville and Tennessee all playoff teams have a huge amount of money and with a couple of key aquisitions could take the next step. Miami could turn their team around pretty quickly with the available cash. Washington could be in some serious trouble trying to sign their own free agents much less add any.

[Jammin Jaguar]

I really hope we use this cap room well and really improve our team where needed. Then we can screw the Colts for that #1 place in the AFC South.

[dolphindude13]

You may be able to take the Colts next year WITHOUT spending any of that money. It should be a good battle....I think the Jags are gonna be a force next year.

[Saintsfan1972]

lol @ the redskins

[frost]

So with the Redskins being -20 can they sign draft picks?

[DaBearsrule4ever]

Originally Posted by Saintsfan1972

lol @ the redskins

What a shock, $20 million OVER the cap, LOL.

[TJ]

I don't know how the Redskins do it. I've been waiting for them to fall to cap hell, and somehow they get out of it every time.

[Flaxe1]

It's scary to to see the Chargers, Titans, and Jaguars have so much money to do with. They already have a good teams and with that much money. Yikes.

[Underground Dyer]

Chicago - 19.8 million UNDER with 52 people under contract, could be a good off-season for a team that needs to make some important acquisitions.

[dolphindude13]

Originally Posted by frost

So with the Redskins being -20 can they sign draft picks?

I'm just guessing but once they make their veteran cuts and restructure a few guys to make the hit less, then they'll be a little under....but they're not going to be signing any impact guys that's for sure.