The National Football League has released it’s latest update on NFL free agency spending and some of the breakdowns. The teams that have spent the least the past two years are the Oakland Raiders, Jacksonville Jaguars, New York Jets and New England Patriots. Per the official press release:
2015 FREE AGENCY UPDATE
Through the first two weeks of free agency, there were 153 total signings with $788,491,999 in guaranteed money and $1,802,821,620 in total contract value.
This breaks down as:
- 97 unrestricted free agents signing with new teams (guaranteed: $644,104,999; total value: $1,413,501,620)
- 56 unrestricted free agents re-signing with current teams (guaranteed: $144,387,000; total value: $389,320,000)
Per the Collective Bargaining Agreement, each club must average an 89% cash spend of the salary cap from 2013-2016.
The four teams which spent the least during the two-year period from 2013-2014 were the Oakland Raiders (80.16%), New York Jets (80.97%), Jacksonville Jaguars (82.24%) and New England Patriots (82.82%).
These four teams have spent the following in free agency thus far:
- 30% of all guaranteed money
- 27% of total contracts
- 24% of first-year cash
*Numbers throughout represent deals for which contracts were received and processed by the NFLPA by 2 p.m. ET on March 24, 2015.
