Cap space can be the Seahawks friend this offseason
The Seahawks have a slew of marquee-free agents slated to his the market. Pete Carroll recently told the media that he expects to use a good chunk of his free agency money simply keeping the current band together.
Let’s take a look at the team’s current cap space (2022) and free agents:
Cap space: $44 million
Draft pool: $6 million
Practice Squad: $2.5 million
Reserve funds: $4 million
True cap space: $31.5 million
The beginning cap space numbers are provided via Spotrac. It has the Seahawks carrying over $10.5 million from 2021’s books. The draft pool numbers were provided via OverTheCap. Practice squads increased both in size of the squad and average salaries.
The reserve funds vary by team. These are funds set aside just in case injuries occur and you need money to sign street-free agents. Teams usually set aside between $3-$6 million per year. This creates what is known as the “true cap.”
In other words, a realistic outlook for how much funds the team has to fill its 53-man roster. The team holds the 6th most cap space entering this offseason. They have money to play with. However, as coach Carroll said, they will need to take care of some of their own.
Follow me onto the following slide to go through how I think the Seahawks will handle their own free agents.