How much money do the Colts have available to pursue 2024 NFL free agents?
The NFL salary cap for each team is expected to exceed $240 million for the 2024 season, up from $224.8 million in 2023 and $208.2 million in 2022.
The exact figure will be announced before free agent negotiations can begin in mid March.
The Indianapolis Colts are expected to be in favorable position to re-sign or pursue players in free agency. Here are estimates of the amount of money available for NFL teams during the offseason.
(The figures can change with each transaction a team makes, but little should change from the end of the 2023 season until players start signing for '24. Estimates from Spotrac.)
Colts free agents: Players whose contracts expired after 2023 season
Under contract: Colts player salaries for the 2024 NFL season
Team | Estimated cap space |
1. Washington | $89 million |
2. Tennessee | $84 million |
3. New England | $74 million |
4. Colts | $73 million |
5. Houston | $72 million |
6. Cincinnati | $69 million |
7. Chicago | $64 million |
8. Detroit | $57 million |
9. Arizona | $57 million |
10. Las Vegas | $53 million |
11. Tampa Bay | $47 million |
12. L.A. Rams | $46 million |
13. Carolina | $38 million |
14. Atlanta | $37 million |
15. N.Y. Giants | $36 million |
16. Minnesota | $34 million |
17. Kansas City | $30 million |
18. Philadelphia | $28 million |
19. Jacksonville | $24 million |
20. N.Y. Jets | $15 million |
21. Baltimore | $11 million |
22. Green Bay | $6 million |
23. Seattle | $2 million |
24. Pittsburgh | $-7 million |
25. Dallas | $-14 million |
26. San Francisco | $-14 million |
27. Cleveland | $-15 million |
28. Denver | $-21 million |
29. L.A. Chargers | $-38 million |
30. Buffalo | $-43 million |
31. Miami | $-43 million |
32. New Orleans | $-90 million |
This article originally appeared on Indianapolis Star: NFL salary cap 2024: How much money will the Colts have in free agency?