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FORMULA 1
- PVF
- OLYMPICS
AFC East 2024 Offseason Financials
Spotrac’s 2024 NFL Offseason Series continues with a look at each of the four AFC East teams, breaking down their estimated Top 51 cap space, pending unrestricted free agents, a few notable bubble players, and potential ways to free up more cap space this winter.
AFC: NORTH | EAST | SOUTH | WEST
NFC: NORTH | EAST | SOUTH | WEST
Buffalo Bills
The Bills enter the 2024 offseason somewhere around $40M over the projected Top 51 salary cap threshold. Moreso, they carry (at least) 11 notable free agents heading toward March, including a number of impactful defensive players.
PENDING UFAS
QUARTERBACK
Kyle Allen
RUNNING BACK
Damien Harris, Ty Johnson, Latavius Murray
Bubble: Nyheim Hines
WIDE RECEIVERS
Gabriel Davis, Trent Sherfield
Bubble: Deonte Harty
OFFENSIVE LINE
David Edwards
Bubble: Connor McGovern, Mitch Morse
DEFENSIVE LINE
DaQuan Jones, Tim Settle, Jordan Phillips, Poona Ford, Linval Joseph
EDGE DEFENDERS
Leonard Floyd, Shaq Lawson, A.J. Epenesa
Bubble: Von Miller
LINEBACKERS
Tyrel Dodson, Tyler Matakevich
SECONDARY
Micah Hyde (S), Dane Jackson (CB), Taylor Rapp (S), Cam Lewis (CB)
Bubble: Tre'Davious White (CB), Siran Neal (CB), Damar Hamlin (S)
CAP CLEARING POSSIBILITIES
- Process a full base salary plus $6M roster bonus conversion on QB Josh Allen, freeing up $22.7M of cap
- Process a $5M roster bonus conversion on TE Dawson Knox, freeing up $4M of cap when factoring in 2 void years.
- Extend OT Dion Dawkins, lowering his $16.6M cap hit for 2024. Dawkins projects toward an $18M per year contract in our system.
- Process a full base salary plus $1M roster bonus conversion on OL Mitch Morse, freeing up $5.3M of cap space when factoring in 4 void years.
- Extend CB Taron Johnson, lowering his $12.4M hit for 2024. Johnson projects toward a $14M per year contract in our system.
- Extend CB Rasul Douglas, lowering his $9M cap hit for 2024. Douglas projects toward a $14M per year contract in our system.
- Release CB Tre'Davious White, freeing up $6.2M of cap
- Release CB Siran Neal, freeing up $2.8M of cap
- Release RB Nyheim Hines, freeing up $4.98M of cap
- Release WR Deonte Harty, freeing up $4.195M of cap
- Waive S Damar Hamlin, freeing up $1M of cap
Related Links
Miami Dolphins
The Dolphins enter the 2024 offseason somewhere around $40M over the projected Top 51 salary cap threshold. While Miami possesses a few notable free agents heading toward March, it seems likely that the bigger conversion will surround their potential extension candidates - notably Tua Tagovailoa, Jaylen Waddle, & Christian Wilkins.
PENDING UFAS
QUARTERBACK
Bubble: Mike White
RUNNING BACK
Salvon Ahmed
Bubble: Jeff Wilson
WIDE RECEIVERS
Cedrick Wilson, Braxton Berrios, Chase Claypool, River Cracraft, Robbie Anderson
TIGHT ENDS
Tyler Kroft
OFFENSIVE LINE
Connor Williams, Robert Hunt, Isaiah Wynn, Kendall Lamm
DEFENSIVE LINE
Christian Wilkins, Raekwon Davis, Da'shawn Hand
EDGE DEFENDERS
Andrew Van Ginkel
Bubble: Emmanuel Ogbah
LINEBACKERS
Calvin Munson
SECONDARY
Deshon Elliott, Eli Apple, Brandon Jones, Elijah Campbell
SPECIAL TEAMS
Jake Bailey (P)
CAP CLEARING POSSIBILITIES
- Extend QB Tua Tagovailoa, lowering his $23.1M cap hit for 2024. Tagovailoa projects north of $50M per year in our system.
- Process a full base salary conversion on WR Tyreek Hill, freeing up $14.7M of cap
- Process a full base salary conversion on OT Terron Armstead, freeing up $9.6M of cap
- Release DE Emmanuel Ogbah, freeing up $13.8M of cap
- Process a full base salary conversion on DT Zach Sieler, freeing up $5.6M of cap
- Process a full base salary conversion on LB Bradley Chubb, freeing up $14.9M of cap
- Release Jerome Baker, freeing up $9.9M of cap
- Process a full base salary plus $11M roster bonus conversion on CB Jalen Ramsey, freeing up $19.4M of cap
Related Links
New England Patriots
It’s setting up to be quite the offseason in New England, with rumors swirling about the immediate status of HC/GM Bill Belichick, no viable QB1 currently on the roster, minimal offensive weapons to boast, both offensive tackles set for the open market, and a fairly good defense that will need internal investment to remain intact. The good news? The Pats should secure a Top 5 pick in the upcoming draft, and carry an estimated $72M of Top 51 cap space into the new year.
PENDING UFAS
QUARTERBACK
Bubble: Mac Jones, Bailey Zappe
RUNNING BACK
Ezekiel Elliott
WIDE RECEIVERS
Kendrick Bourne, Jalen Reagor
TIGHT ENDS
Hunter Henry, Mike Gesicki, Pharaoh Brown
OFFENSIVE LINE
Trenton Brown, Mike Onwenu, Riley Reiff
DEFENSIVE LINE
Bubble: Davon Godchaux
EDGE DEFENDERS
Bubble: Deatrich Wise
SECONDARY
Kyle Dugger (S), Myles Bryant (CB), Jalen Mills (CB)
Bubble: Adrian Phillips (S), J.C. Jackson (CB)
SPECIAL TEAMS
Bubble: Chad Ryland (K)
CAP CLEARING POSSIBILITIES
- Trade QB Mac Jones, freeing up $2.7M of cap
- Release DT Davon Godchaux, freeing up $8.15M of cap
- Release DE Deatrich Wise, freeing up $5M of cap
- Process a full base salary conversion on LB Matt Judon, freeing up $4.2M of cap when factoring in 4 void years
- Release CB J.C. Jackson, freeing up $14.3M of cap
- Release S Adrian Phillips, freeing up $3M of cap
- Waive K Chad Ryland, freeing up $521k of cap
Related Links
New York Jets
Let’s try this again. The Jets appear poised to run almost everything back in 2024, hoping for a little Aaron Rodgers magic to sprinkle its way around the franchise. New York doesn’t carry a large list of free agents into the offseason, but that doesn’t mean significant change isn’t coming to certain position groups. According to our data, the Jets hold an estimated $16M of Top 51 cap space in 2024.
PENDING UFAS
QUARTERBACK
Trevor Siemian
Bubble: Zach Wilson
WIDE RECEIVERS
Randall Cobb
TIGHT ENDS
Bubble: C.J. Uzomah, Tyler Conklin
OFFENSIVE LINE
Duane Brown, Connor McGovern, Mekhi Becton, Billy Turner
Bubble: Laken Tomlinson, Wes Schweitzer
DEFENSIVE LINE
Solomon Thomas, Al Woods, Quinton Jefferson
EDGE DEFENDERS
Carl Lawson, Bryce Huff
SECONDARY
Jordan Whitehead (S), Chuck Clark (S)
SPECIAL TEAMS
Greg Zuerlein (K), Thomas Morstead (P)
CAP CLEARING POSSIBILITIES
- Trade QB Zach Wilson, freeing up $5.4M of cap
- Process a full base salary conversion on WR Allen Lazard, freeing up $7.1M of cap when factoring in 2 void years
- Release TE C.J. Uzomah, freeing up $5.3M of cap
- Release TE Tyler Conklin, freeing up $4.8M of cap
- Release OL Laken Tomlinson, freeing up $8.1M of cap
- Release OL Wes Schweitzer, freeing up $1.1M of cap
- Process a full base salary conversion on DL Quinnen Williams, freeing up $10.6M of cap when factoring in 1 void year
- Process a full base salary conversion on DE John Franklin-Myers, freeing up $9.7M of cap when factoring in 1 void year
- Process a full base salary conversion on OLB Quincy Williams, freeing up $3.9M of cap when factoring in 3 void years
- Extend ILB C.J. Mosley to a new contract, lowering his $21.4M cap hit for 2024. Mosley is still performing at a $10M+ per year level.
- Extend CB D.J. Reed, to a new contract, lowering his $15.6M cap hit for 2024. Reed projects toward a $13M per year contract in our system.
Related Links
CATEGORIES
- NBA 99
- NFL 69
- GOLF 54
- NWSL 44
- MLB 28
- NHL 1
AUTHORS
- Michael Ginnitti NFL, MLB
- Keith Smith NBA
- Scott Allen Contributor
- Taylor Vincent NWSL
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