Vikings' Salary Cap Situation: Breaking Down the Numbers
Key Contracts and Cap Implications
Kirk Cousins
The Vikings' quarterback carries a significant cap hit of $45 million in 2024. However, the team has the option to extend his contract and create cap space. By adding void years to his deal, they can save up to $119 million in cap space.
Justin Jefferson
The star wide receiver is set to earn $19.7 million this year. One way the Vikings could create cap space is to extend his contract and reduce his base salary.
Za'Darius Smith
The veteran pass rusher signed a three-year, $44 million deal last year. His contract includes dead cap charges of $24.4 million in 2024 and $19.8 million in 2025. The Vikings may consider a contract restructure to lower these charges.
Other Notable Contracts
The Vikings have several other players with notable cap hits in 2024, including:
- Danielle Hunter: $18.5 million
- Harrison Smith: $15.7 million
- Dalvin Cook: $13.5 million
- Eric Kendricks: $11.8 million
Dead Cap and Cap Savings
The Vikings have a current dead cap charge of $18.1 million. This means that they will have to pay $18.1 million towards players who are no longer on the roster. By releasing or restructuring contracts, the team can create cap savings and free up space to sign new players or extend existing contracts.
Conclusion
The Vikings' salary cap situation is complex, but there are several strategies they can use to create space for the upcoming season. By extending contracts, restructuring deals, and releasing certain players, they can ensure that they have the financial flexibility to build a competitive team in 2024.
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