The New York Jets might not be in the best situation when it comes to cap space, but a recent NFL announcement certainly helps them.
The NFL announced that the salary cap for teams will increase to $224.8 million, a $16.6 million increase from the previous season. Teams across the league will rejoice with the latest substantial increase in space to pay players.
New York is one of those teams. They have questions at the quarterback position, and also have to find a tangible solution to their All-Pro defensive lineman, Quinnen Williams, contract. Williams is expected to get well over $20 million and an upgrade at quarterback won’t come cheap either.
With the cap increase, Over the Cap has the Jets at -$2.7 million. A low cap figure could be detrimental.
Luckily, there are options for the Jets to not only increase their salary cap space but give more than enough to add the necessary pieces to improve the team. By cutting Corey Davis, Braxton Berrios, and Justin Hardee, the Jets will have over $17 million in cap space.
That increase would be good for the 10th most space in the league with minimal cap penalties to follow.
Restructures with Carl Lawson, CJ Moseley, and Jordan Whitehead could put the Jets at around $30 million in space going into the offseason.
The increase in the cap allows the Jets to be flexible going into the 2023 off-season. Every team is affected positively when the salary cap goes up, but New York may be one of the biggest winners with this latest announcement.
With plenty of questions surrounding a Quinnen Williams extension, and a potential deal with a veteran quarterback coming soon, Gang Green could look much different heading into the regular season and draft preparations.