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FORMULA 1
- PVF
- OLYMPICS
AFC North 2024 Offseason Financials
Spotrac’s 2024 NFL Offseason Series continues with a look at each of the four AFC North 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
Baltimore Ravens
A long offseason of “will they won’t they” with Lamar culminated in a #1 seed for the Ravens, & an MVP for their QB1. But Baltimore won’t be able to rest on their laurels too long, as they boast 10 players who took at least 50% of the 2023 snaps scheduled for unrestricted free agency this March. The Ranves boast around $5M of Top 51 Cap space heading toward the offseason.
NOTABLE PENDING UFAS
QUARTERBACK
Tyler Huntley
RUNNING BACK
Gus Edwards, JK Dobbins
WIDE RECEIVERS
Odell Beckham, Jr., Nelson Agholor, Devin Duvernay, Laquon Treadwell
TIGHT ENDS
None.
OFFENSIVE LINE
G John Simpson, G Kevin Zeitler
DEFENSIVE LINE
Justin Madubuike, Brent Urban
EDGE DEFENDERS
Jadeveon Clowney
Bubble: Tyus Bowser
LINEBACKERS
Patrick Queen
SECONDARY
Geno Stone (S), Ronald Darby (CB), Arthur Maulet (CB), Rock Ya-Sin (CB), Daryl Worley (CB)
SPECIAL TEAMS
None.
CAP CLEARING POSSIBILITIES
- Process a full base salary conversion on QB Lamar Jackson, freeing up $10.5M of cap
- Extend WR Odell Beckham, Jr., lowering his current $11M voided dead cap hit. OBJ projects toward a 1 year, $12M extension in our system.
- Process a full base salary + $4M roster bonus conversion on TE Mark Andrews, freeing up $7.9M of cap when factoring in 3 void years.
- Process a full base salary + $4M roster bonus conversion on OL Ronnie Stanley, freeing up $11M of cap when factoring in 3 void years.
- Extend RT Morgan Moses, lowering his current $6.96M cap hit in 2024. Moses projects toward a 1 year, $4.5M extension in our system.
- Release OL Patrick Mekari, freeing up $4.3M of cap.
- Release OLB Tyus Bowser, freeing up $5.5M of cap
- Process a full base salary conversion on CB Marlon Humphrey, freeing up $8.4M of cap when factoring in 2 void years.
- Process a full base salary conversion on S Marcus Williams, freeing up $8.6M of cap when factoring in 2 void years.
RELATED LINKS
Cincinnati Bengals
Not the year the Bengals were hoping for - largely due to injuries surrounding Joe Burrow of course. The attention this offseason will almost certainly turn to the Wide Receiver room, where two notable pass catchers (Boyd, Higgins) are pending free agents, while Ja'Marr Chase is now extension eligible for the first time, and has been vocal about his desire to secure a new contract this winter. Cincy hits the offseason with around $70M of Top 51 cap space, & the #18 overall pick this April.
NOTABLE PENDING UFAS
QUARTERBACK
A.J. McCarron
RUNNING BACK
Trayveon Williams
Bubble: Chris Evans
WIDE RECEIVERS
Tee Higgins, Tyler Boyd
TIGHT ENDS
Irv Smith, Drew Sample
OFFENSIVE LINE
Jonah Williams (T), Cody Ford (G), Max Scharping (G)
DEFENSIVE LINE
D.J. Reader, Josh Tupou
EDGE DEFENDERS
None.
LINEBACKERS
Joe Bachie, Markus Bailey, Akeem Davis-Gaither
SECONDARY
Chidobe Awuzie (CB)
Bubble: Nick Scott (S)
SPECIAL TEAMS
None.
CAP CLEARING POSSIBILITIES
- Extend RB Joe Mixon, lowering his current $8.85M cap hit for 2024. Mixon projects toward a 1 year, $6M extension in our system.
- Waive RB Chris Evans, freeing up $1M of cap
- Process a full base salary + $3M roster bonus conversion on OT Orlando Brown Jr., freeing up $5.1M of cap when factoring in 2 void years.
- Process a full base salary conversion G Alex Cappa, freeing up $3.9M of cap when factoring in 3 void years.
- Extend C Ted Karras, lowering his current $7.3M cap hit for 2024. Karras projects toward a 2 year, $6M extension in our system.
- Process a full base salary conversion for DE Trey Hendrickson, freeing up $10.8M of cap when factoring in 3 void years.
- Extend DT B.J. Hill, lowering his current $10.8M cap hit for 2024. Hill projects toward a 2 year, $28M contract in our system.
- Process a full base salary conversion on DE Sam Hubbard, freeing up $5.3M of cap when factoring in 3 void years.
- Process a full base salary + $1M roster bonus conversion on LB Germaine Pratt, freeing up $2.4M of cap when factoring in 3 void years.
- Extend CB Mike Hilton, lowering his current $7.45M cap hit for 2024. Hilton projects toward a 3 year, $22M extension in our system.
- Release S Nick Scott, freeing up $2.3M of cap
RELATED LINKS
Cleveland Browns
Despite significant injuries all season long across their roster, the Browns held on for dear life in 2023, setting themselves up for an important offseason this winter. Cleveland has a Left Tackle & multiple Linebacker holes to be filled in the coming months, but for the most part - this roster remains intact for 2024. The Browns enter January more than $13M of cap in the red, and their first round pick will convey to Houston as part of the Deshaun Watson acquisition.
NOTABLE PENDING UFAS
QUARTERBACK
Joe Flacco
RUNNING BACK
Kareem Hunt
WIDE RECEIVERS
Marquise Goodwin
TIGHT ENDS
Harrison Bryant
Bubble: Jordan Akins
OFFENSIVE LINE
Geron Christian (T), Michael Dunn (T), Nick Harris
Bubble: T Jedrick Wills
DEFENSIVE LINE
Shelby Harris, Maurice Hurst, Jordan Elliott
EDGE DEFENDERS
Za'Darius Smith
Bubble: Foley Fatukasi
LINEBACKERS
Sione Takitaki, Anthony Walker Jr.
SECONDARY
Rodney McLeod (S), Duron Harmon (S), Michael Ford (CB)
SPECIAL TEAMS
Corey Bojorquez (P)
CAP CLEARING POSSIBILITIES
- Process a full base salary conversion on QB Deshaun Watson, freeing up $35.8M of cap when factoring in 2 void years.
- Restructure the $12.2M cash owed to RB Nick Chubb into a 2 year, $12M contract, significantly lowering his current $15.8M cap hit when factoring in 3 void years.
- Extend WR Amari Cooper, significantly lowering his current $23.7M cap hit. Cooper projects toward a 3 year, $70M extension in our system.
- Release TE Jordan Akins, freeing up $2M of cap
- If unable to locate a trade partner, process a full base salary restructure for OT Jedrick Wills, freeing up $10.4M of cap when factoring in 4 void years.
- Process a full base salary conversion on CB Denzel Ward, freeing up $11.35M of cap when factoring in 1 void year.
- Extend K Dustin Hopkins, lowering his current $3M cap hit for 2024.
RELATED LINKS
Pittsburgh Steelers
Serious question marks with HC Mike Tomlin’s future & the QB position as a whole leave Pittsburgh in a bit of disarray heading into the offseason, despite another improbable run into the postseason. Toss in an up and down season at the WR position, the potential for Cam Heyward to step away, and it could be a very interesting winter for the Steelers, who hit the offseason around $7M over cap.
NOTABLE PENDING UFAS
QUARTERBACK
Mason Rudolph
Bubble: Mitchell Trubisky
RUNNING BACK
None.
WIDE RECEIVERS
Miles Boykin
Bubble: Allen Robinson, Diontae Johnson
TIGHT ENDS
None.
OFFENSIVE LINE
Bubble: Chukwuma Okorafor, Nate Herbig, Mason Cole
DEFENSIVE LINE
Armon Watts, Montravius Adams
Bubble: Cameron Heyward
EDGE DEFENDERS
Markus Golden
LINEBACKERS
Mykal Walker, Blake Martinez, Kwon Alexander
SECONDARY
Levi Wallace (CB), Chandon Sullivan (CB)
Bubble: Patrick Peterson (CB), Damontae Kazee (S)
SPECIAL TEAMS
None.
CAP CLEARING POSSIBILITIES
- Release QB Mitchell Trubisky, freeing up $2.9M of cap
- Trade WR Diontae Johnson, freeing up $10M of cap
- Release WR Allen Robinson, freeing up $10M of cap
- Release OT Chukwuma Okorafor, freeing up $8.75M of cap
- Release C Mason Cole, freeing up $4.75M of cap
- Restructure/Extend DE Cameron Heyward’s $16M salary into a 2 year, $16M contract, significantly lowering his current $22.4M cap hit for 2024.
- Process a full base salary + $4.75M roster bonus conversion on DE Larry Ogunjobi, freeing up $6.8M of cap when factoring in 3 void years.
- Process a full base salary conversion on LB T.J. Watt, freeing up $15.8M of cap when factoring in 3 void years.
- Process a full base salary conversion on LB Alex Highsmith, freeing up $7.6M of cap when factoring in 1 void year.
- Release CB Patrick Peterson, freeing up $6.8M of cap
- Release S Damontae Kazee, freeing up $3M of cap
RELATED LINKS
CATEGORIES
- NBA 99
- NFL 70
- GOLF 54
- NWSL 45
- MLB 27
- NHL 1
AUTHORS
- Michael Ginnitti NFL, MLB
- Keith Smith NBA
- Scott Allen Contributor
- Taylor Vincent NWSL
NWSL End of Season Award Guesses
Taylor Vincent gives her NWSL end of season award guesses for MVP, Midfielder of the Year, Defender of the Year, Goalkeeper of the Year, Rookie of the Year and Coach of the Year.
A Financial Recap of the NFL Trade Deadline
The November 5th trade deadline has come and gone, but not without a few eye-raising moves across the league. Spotrac dives into every official trade over the course of the last month, offering up the full details, updated player contracts, and financial ramifications for each.
The Complicated Case of NBA Bonuses, Taxes and Aprons
Taking a look at the complicated case of NBA bonuses, taxes and aprons with current scenarios around the league.
Predicting a Mets Free Agency Sans Juan Soto
The Mets have 12 players set to hit the open market, and are squarely in the Juan Soto blockbuster conversation this winter. But if not Soto, how can the Mets allocate $550M elsewhere? READ MORE
Initial 2025 Cap Space and Spending Power Projections
An early look at the 2025 cap space and spending power projections.
TRENDING PLAYERS
- 1 Derrick Henry (RB, BAL)
- 2 Lamar Jackson (QB, BAL)
- 3 Joe Burrow (QB, CIN)
- 4 Chuba Hubbard (RB, CAR)
- 5 Dak Prescott (QB, DAL)
TRENDING PAGES
- 1 NFL Free Agents
- 2 MLB Free Agents
- 3 NFL Transactions
- 4 NBA Trade Machine
- 5 NFL Contracts