The Detroit Lions are in a strong position to capitalize on their success from the 2023 NFL season.
General manager Brad Holmes and the front office must make important decisions on 20 unrestricted free agents, including two starting offensive linemen.
While Graham Glasgow is more likely to return than Jonah Jackson, Holmes has the ability to keep the team substantially intact if that is the path the club wishes to go (because to great salary cap management).
According to Spotrac, Detroit now has around $61 million in cap space available as the offseason begins.
The wage cap for the 2024 season has yet to be formally announced, but it was established last year at $224.8 million. There was approximately a $20 million gain over the previous season.
Many in the league expect the figure to increase to well over $240 million.
An early offseason drama will revolve around what the team decides to do with Jared Goff and his contract extension.
It has been suggested that both parties will seek to negotiate an extension this offseason.
The flexibility to spread out signing bonuses and be creative can actually cut Goff’s cap number in 2024.
Moving on from specific players and renegotiating contracts might potentially free up more money.
Holmes is anticipated to discuss how active the organization will be in free agency when he next speaks with the media, which will formally conclude the 2023 season.