NFC East 2024 Offseason Financials

Michael Ginnitti
Michael Ginnitti, Managing Editor & NFL/MLB ExpertJanuary 08, 2024
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Spotrac’s 2024 NFL Offseason Series continues with a look at each of the four NFC 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

Dallas Cowboys

It was a bit of a roller coaster at times, but the Cowboys secured another NFC East title with a strong finish down the stretch. There are some holes to fill in terms of free agency & a potential cap casualty or two, but this offseason will be largely about taking care of their own - notably QB Dak Prescott, WR CeeDee Lamb, & ED Micah Parsons. Dallas rolls into the offseason around $11M in the whole in terms of Top 51 cap space.

NOTABLE PENDING UFAS

QUARTERBACK
Bubble: Cooper Rush, Trey Lance

RUNNING BACK

Tony Pollard

WIDE RECEIVERS
Bubble: Michael Gallup

TIGHT ENDS
Sean McKeon
Bubble: John Stephens

OFFENSIVE LINE
Tyron Smith, Tyler Biadasz, Chuma Edoga

DEFENSIVE LINE
Johnathan Hankins, Neville Gallimore

EDGE DEFENDERS
Dante Fowler Jr., Dorance Armstrong

LINEBACKERS
Bubble: Leighton Vander Esch

SECONDARY
Stephon Gilmore (CB), Jourdan Lewis (CB), Jayron Kearse (S)
Bubble: Mike Hughes

SPECIAL TEAMS
Trent Sieg (LS)
Bubble: Bryan Anger (P)

CAP CLEARING POSSIBILITIES

  • Extend QB Dak Prescott, lowering his current $59.4M cap hit in 2024. Prescott projects to a 4 year, $200M+ extension in our system, though a deal north of $55M per year is very much expected.
  • Either designate WR Michael Gallup a Post 6/1 release ($9.5M freed up after June 1st), or process a full base salary conversion, freeing up $5.9M when factoring in 2 void years.
  • Extend WR CeeDee Lamb, lowering his current $17.9M cap hit in 2024. Lamb projects to a 4 year, $114M extension in our system, though a deal near $125M ($31M+ per year) is very possible.
  • Process a full base salary conversion on WR Brandin Cooks, freeing up $5.4M when factoring in 4 void years.
  • Trade WR Jalen Tolbert, freeing up $943k of cap. Tolbert has shown glimpses of being able to handle a WR2 role, but the Cowboys aren’t in a position to wait around.
  • Process a full base salary conversion on G Zack Martin, freeing up $13.4M of cap when factoring in 4 void years.
  • Process a full base salary conversion on OT Terence Steele, freeing up $4.9M of cap.
  • Process a full base salary conversion on DE DeMarcus Lawrence, freeing up $7M of cap when factoring in 4 void years.
  • Release LB Leighton Vander Esch, freeing up $2.5M of cap
  • Process a full base salary conversion on CB Trevon Diggs, freeing up $7.9M of cap
  • Process a full base salary conversion on S Donovan Wilson, freeing up $3.5M of cap when factoring in 3 void years.
  • Release P Bryan Anger, freeing up $3M of cap

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New York Giants

Not exactly what the doctor ordered for the G-Men in 2023, & a few staff heads may roll accordingly, but it appears that HC Brian Daboll & QB Daniel Jones will head into the offseason remaining as the 1-2 punch in NY. The Giants head into the offseason with around $37M of Top 51 cap space, & the #6 overall pick in this April’s draft.

NOTABLE PENDING UFAS

QUARTERBACK
Tyrod Taylor
Bubble: Tommy DeVito

RUNNING BACK
Saquon Barkley, Matt Breida

WIDE RECEIVERS
Parris Campbell, Sterling Shepard

TIGHT ENDS
Bubble: Darren Waller

OFFENSIVE LINE
Matt Peart, Justin Pugh, Ben Bredeson
Bubble: Mark Glowinski

DEFENSIVE LINE
A'Shawn Robinson, Jihad Ward

EDGE DEFENDERS
None.

LINEBACKERS
Jarrad Davis, Carter Coughlin, Isaiah Simmons, Cameron Brown

SECONDARY
Adoree' Jackson (CB), Xavier McKinney (S)

SPECIAL TEAMS
Casey Kreiter (LS)

CAP CLEARING POSSIBILITIES

  • Process a full base salary conversion on QB Daniel Jones, freeing up $27.5M of cap when factoring in 2 void years.
  • Process a full base salary plus $2.4M roster bonus conversion on WR Darius Slayton, freeing up $3M of cap when factoring in 4 void years.
  • Release TE Darren Waller, freeing up $6.6M of cap
  • Process a full base salary plus $5M roster bonus conversion on OL Andrew Thomas, freeing up $14.4M of cap
  • Release OL Mark Glowinski, freeing up $5.7M of cap
  • Process a full base salary conversion on DT Dexter Lawrence, freeing up $11.9M of cap when factoring in 1 void year.
  • Process a full base salary conversion on LB Bobby Okereke, freeing up $5.4M of cap when factoring in 2 void years.
  • Waive CB Aaron Robinson, freeing up $1.3M of cap
  • Process a full base salary plus $2M roster bonus conversion on K Graham Gano, freeing up $3.1M of cap when factoring in 2 void years.

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Philadelphia Eagles

Was it a Super Bowl hangover? Maybe, but there are too many positives (contractually too) on this roster to overreact going forward. Philly will need to replace its running game this winter, & an effort to get younger & cheaper in the secondary could also be in order, but for the most part, the Eagles core unit is under contract, and cap-flexible. Philly hits the offseason with around $28M of Top 51 cap space to operate with. 

NOTABLE PENDING UFAS

QUARTERBACK
Marcus Mariota

RUNNING BACK
D'Andre Swift, Boston Scott, Rashaad Penny

WIDE RECEIVERS
Quez Watkins, Olamide Zaccheaus, Julio Jones

TIGHT ENDS
Albert Okwuegbunam

OFFENSIVE LINE
Iosua Opeta, Jack Driscoll
Bubble: Jason Kelce (retirement)

DEFENSIVE LINE
Fletcher Cox

EDGE DEFENDERS
Brandon Graham

LINEBACKERS
Zach Cunningham, Nicholas Morrow, Shaquille Leonard

SECONDARY
Justin Evans (S), Bradley Roby (CB)
Bubble: Avonte Maddox (S), Kevin Byard (S)

SPECIAL TEAMS
Braden Mann (P), Rick Lovato (LS)

CAP CLEARING POSSIBILITIES

  • Extend QB Marcus Mariota to an identical 1 year, $5M contract, lowering his current $3M cap hit (void year) by $333,000.
  • Extend WR DeVonta Smith, lowering his current $6.4M cap hit. Smith projects to a 4 year, $80M contract in our system.
  • Process a full base salary plus $2.75M roster bonus conversion on OL Jason Kelce, freeing up $2.4M of cap when factoring in 4 void years.
  • Process a Post 6/1 retirement or release on DE Brandon Graham, freeing up $1.5M after June 1st.
  • Process a Post 6/1 retirement or release on DT Fletcher Cox, freeing up $1.5M after June 1st.
  • Extend LB Haason Reddick, lowering his current $21.3M cap hit for 2024. Reddick projects toward a 3 year, $50M extension in our system.
  • Release S Avonte Maddox, freeing up $2.3M of cap
  • Release S Kevin Byard, freeing up $13.5M of cap
  • Extend K Jake Elliott, lowering his current $5.9M cap hit for 2024

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Washington Commanders

The Commanders fire-sale at the trade deadline was certainly a warning call to the rest of the league that major change was imminent. Just how much still remains to be seen, but Washington enters the offseason with the league’s most cap space ($85M), and the #2 overall draft pick this April. There are worse ways to begin a rebuild.

NOTABLE PENDING UFAS

QUARTERBACK
Jacoby Brissett
Bubble: Sam Howell

RUNNING BACK
Antonio Gibson, Alex Armah

WIDE RECEIVERS
Curtis Samuel, Byron Pringle, Jamison Crowder
Bubble: Dyami Brown

TIGHT ENDS
Bubble: Logan Thomas

OFFENSIVE LINE
Cornelius Lucas, Saahdiq Charles, Tyler Larsen

DEFENSIVE LINE
Efe Obada
Bubble: Jonathan Allen (trade)

EDGE DEFENDERS
Casey Toohill, James Smith-Williams

LINEBACKERS
Cody Barton, Khaleke Hudson, David Mayo

SECONDARY
Kendall Fuller (CB), Kamren Curl (S)

SPECIAL TEAMS
Joey Slye (K)

CAP CLEARING POSSIBILITIES

  • Trade QB Sam Howell, freeing up $894,600 of cap
  • Process a full base salary plus $2M roster bonus conversion on WR Terry McLaurin, freeing up $12.8M of cap when factoring in 2 void years.
  • Waived WR Dyami Brown, freeing up $1.3M of cap
  • Release TE Logan Thomas, freeing up $6.5M of cap
  • Process a full base salary conversion on OL Charles Leno, freeing up $7.8M of cap when factoring in 4 void years,
  • Process a full base salary conversion on OL Andrew Wylie, freeing up $4.3M of cap when factoring in 3 void years
  • Trade DE Jonathan Allen, freeing up $9.5M of cap
  • Process a full base salary conversion on DT Daron Payne, freeing up $11.1M of cap when factoring in 2 void years.

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