Packers 2016 salary cap: $162.27 million
Carryover from 2015: $7 million
Current 2016 expenses (Top 51): $140 million
Approximate draft expenses: $5 million
Projected remaining cap room: $17.1 million
Team needs: LB, TE, DL, OL, WR, RB
Let’s break those numbers down. The NFL salary cap has increased to $155.27 million for each team, and the Packers have carried over an extra $7 million from 2015, giving them a cap of $162.27 million. Currently, the Packers have committed $140 million to current contracts. The upcoming draft class will cost around $5 million, which will leave the Packers with approximately $17.1 million in cap room before cuts.
That money will be used on re-signing the Packers’ own free agents and possibly on other teams’ players. Ted Thompson likes to bring his own back and doesn’t often dip into the outside free agency pool.
Among the Packers’ top free agents are cornerback Casey Hayward, defensive end B.J. Raji and linebackers Nick Perry and Mike Neal. Mason Crosby was re-signed this week to a four-year, $16 million deal.
Mike Daniels was the biggest priority for the Packers, and he was re-signed to a four-year, $41 million deal in December. Let’s move onto the cuts.