Pittsburgh Steelers Salary Cap Update: A Detailed Analysis
Breaking Down the Numbers for 2024
With the NFL offseason in full swing, the Pittsburgh Steelers are facing some important decisions regarding their salary cap situation. The team currently has just over $15 million in available cap space, which puts them in the middle of the pack in the league.
Key Players with Upcoming Contracts
Several key Steelers players are set to hit free agency in 2024, including quarterback Kenny Pickett, running back Najee Harris, and wide receiver Diontae Johnson. The team will need to make some tough decisions about whether to re-sign these players or let them walk.
Dead Money and Cap Savings
The Steelers have a significant amount of dead money on their cap for 2024, which will limit their ability to make big moves. Dead money is money that is still owed to players who are no longer on the roster. The Steelers have over $30 million in dead money for 2024, which is the third-highest amount in the NFL.
Salary Cap Projections
The NFL salary cap is projected to increase to over $220 million in 2024, which will give the Steelers some additional flexibility. However, the team will still need to be careful about how they spend their money. The Steelers have a number of young players who are due for extensions, and they will need to make sure they have enough cap space to keep their core players.
Conclusion
The Steelers' salary cap situation is a complex one, but it is one that the team will need to manage carefully. The team has a number of important decisions to make in the coming months, and the salary cap will play a major role in those decisions.
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