Tennessee Titans’ projected wage cap area going into 2023 offseason

The Tennessee Titans are getting into an offseason that’s certain to have plenty of change, however sadly for Tennessee, they’re in a foul spot financially.

In keeping with Over the Cap, the Titans are $18.5 million over the cap going into the offseason. The one groups in a worse monetary scenario are the Tampa Bay Buccaneers ($42.1) and New Orleans Saints $38.7.

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When speaking about efficient cap area, which is the cap area a group could have after signing 51 gamers and its rookie class, the Titans are at -$28.1 million.

In fact, the Titans have some contracts to shred that can assist them get again beneath the cap.

Taylor Lewan and Zach Cunningham will get lower to avoid wasting $14.8 and $8.8 million, respectively, after which you might have Bud Dupree, who would save the Titans $15.7 million if lower after June 1.

Final however definitely not least, you might have the contract of Ryan Tannehill, which accounts for $36.6 million on subsequent yr’s books. If lower or traded post-June 1, Tennessee saves a whopping $27 million.

The one concern with the post-June 1 designations is that the cash stays on the wage cap till the date hits, so that cash received’t be helpful within the meat of the free company interval, which takes place in March.

If the Titans have been to chop Tannehill and Dupree previous to June 1, they will use the cash saved instantly, though it might be much less, with the pair combining for a financial savings of $27.1 million in that situation.

Let’s assume the Titans lower all 4 pre-June 1, that’s a complete financial savings of $50.7 million, which might put Tennessee again beneath the wage cap and in respectable form financially identical to that.

From there, the Titans can restructure contracts to create extra wiggle room, and there are different methods to get artistic with the wage cap as we’ve seen, particularly over the previous few years.

Regardless of the case could also be, the Titans have some work to do in the event that they need to liberate cash and make the strikes vital to show this factor round sooner somewhat than later.