One primary avenue is through a contract restructure, which is ideally done when a player has multiple years left on their current deal–although there are workarounds to that via void years being added to the contracts, but we’ll dive into that at a different time since none of the examples below utilize that method.
An example of this would be if a player has an $8 million base salary with three years left on his contract. The team could take $6 million of that base salary–which all counts towards the current year’s salary cap–and convert that to a signing bonus, which has the flexibility to be pro-rated over the life of the deal. So from there, $2 million will stay in the current year, $2 million will go into Year 2 of the contract, and $2 million go into Year 3.
Compared to the rest of the NFL, the Jaguars’ $36-million plus in current available cap space ranks 17th. That figure also doesn’t account for the rollover amount of unused cap space from the 2024 season, which the Jaguars are among the teams with the most of.
To help us get an idea of who some contract restructure candidates are and the amount of cap space that could be created for the Jaguars this offseason, Pro Football Network has done the leg work and calculated the potential savings available for Jacksonville.
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