An Early Look at the 2024 Lions Salary Cap Places Brad Holmes in an Excellent Situation…

The Lions can enhance their squad with lots of salary-cap space.

The Detroit Lions have a great opportunity to build on their 2023 NFL season victory.

Two starting offensive lineman are among the 20 unrestricted free agents that general manager Brad Holmes and the front office must decide on.

Graham Glasgow is a better bet to return than Jonah Jackson, but Holmes has the flexibility to keep the team mostly intact if that is the organization’s preferred course given the way the salary cap is being handled.

According to Spotrac, Detroit will have roughly $61 million in cap space available at the end of the regular season.

Although the wage cap for the 2024 season has not yet been made public, it was set at $224.8 million in the previous season—nearly $20 million more than the previous one.

Many in the league anticipate that figure will increase to well over $240 million once more.

A narrative that will start early in the summer will center on the organization’s decision about Jared Goff’s contract extension.

According to reports, throughout the offseason, both parties will collaborate to draft an agreement.

Spreading out signing incentives and using some imagination can actually reduce Goff’s 2024 cap number.

Renegotiating contracts and moving on from certain players might also free up extra cash.

When Holmes meets with the media for the last time before the 2023 season officially ends, he is anticipated to discuss the team’s level of aggressiveness in free agency.

Lions current 2024 salary-cap 

  • Adjusted salary-cap: $246,020,950
  • Active contracts: $183,486,734
  • Dead cap: $1,431,310
  • 2023 rollover: $3,520,950
  • Top 51 contracts: $184,918,044
  • Estimated cap space: $61,102,906

 

2024 top cap hits

  • Jared Goff — $31,650,064
  • Taylor Decker — $19,100,00
  • Tracy Walker — $12,821,668
  • Frank Ragnow — $12,800,00
  • Cam Sutton — $12,680,000
  • Aidan Hutchinson — $9,740,015
  • Penei Sewell — $7,667,885

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