The 2024 NFL offseason is underway for Philadelphia, and the Eagles’ focus will shift to reshaping the roster to fit two new coordinators on both sides of the ball.
The 2024 cap is expected to exceed $240 million, according to NFL Network’s Ian Rapoport, and where things currently stand, Philadelphia is expected to have roughly $20,284,984 in cap space.
The Birds are set to have 20 pending free agents, and with another likely retool schedule on defense, the organization could conjure up a scheme for more flexibility.
According to Over the Cap’s potential transaction chart, the Eagles can easily create $35.4 million in cap space by making these five moves.
With the new league year fast approaching, we’re looking at the multiple ways Philadelphia GM Howie Roseman can create and manipulate salary cap space.
Restructures
Restructures are an easy way to create cap space in the short term but can have long-term ramifications on your salary cap.
POS | Player | 2024 cap hit | cap savings |
LB | Haason Reddick | $21,877,000 | $11,092,500 |
S | Kevin Byard | $14,417,088 | $9,292,500 |
CB | Avonte Maddox | $9,676,913 | $4,406,250 |
OL | Jordan Mailata | $10,761,000 | $2,796,000 |
DE | Josh Sweat | $9,077,000 | $2,540,000 |
TE | Dallas Goedert | $9,131,583 | $2,260,000 |
K | Jake Elliott | $5,952,000 | $1,867,500 |
Extensions
Extensions are the best way to create cap space, as they benefit both the team and the player.
POS | Player | 2024 cap hit | cap savings |
LB | Haason Reddick | $21,877,000 | $11,832,000 |
S | Kevin Byard | $14,417,088 | $9,912,000 |
CB | Avonte Maddox | $9,676,913 | $4,700,000 |
OL | Jordan Mailata | $10,761,000 | $2,796,000 |
DE | Josh Sweat | $9,077,000 | $2,540,000 |
TE | Dallas Goedert | $9,131,583 | $2,260,000 |
WR | DeVonta Smith | $6,408,625 | $1,881,243 |
Cuts (pre-June 1)
Pre-June 1 cuts are most costly because they incur more dead money.
POS | Player | 2024 cap hit | cap savings | dead money |
S | Kevin Byard | $14,417,088 | $13,031,088 | $1,386,000 |
CB | Avonte Maddox | $9,676,913 | $1,957,378 | $7,719,535 |
LB | Haason Reddick | $21,877,000 | $1,212,000 | $20,665,000 |
LB | Terrell Lewis | $1,055,000 | $1,055,000 | $0 |
DT | Marlon Tuipulotu | $1,103,978 | $1,055,000 | $48,978 |
CB | Zech McPhearson | $1,237,414 | $1,055,000 | $182,414 |
LB | Patrick Johnson | $1,081,468 | $1,055,000 | $26,468 |
Cuts (post-June 1)
This is the ideal time to cut players as it minimizes their dad cap totals.
POS | Player | 2024 cap hit | cap savings | dead money |
LB | Haason Reddick | $21,877,000 | $16,000,000 | $5,877,000 |
S | Kevin Byard | $14,417,088 | $14,070,588 | $346,500 |
CB | Avonte Maddox | $9,676,913 | $7,117,647 | $2,559,266 |
DE | Josh Sweat | $9,077,000 | $4,300,000 | $4,777,000 |
Cap hits for every Eagles player in 2024
Eagles 2024 player cap hits
2024 Strength of schedule
2024 cap space totals each team
These 38 Eagles are under contract for 2024 https://t.co/sdroKBoIuk pic.twitter.com/1YnY7mHL5q
— TheEaglesWire (@TheEaglesWire) January 20, 2024