Thursday, July 16, 2026

NFL Teams Armed With Record Cap Space Set to Enter Free Agency

The NFL officially turns the page toward the 2026 season on Wednesday, and with that, a bevy of roster moves are about to happen. 

Kim Klement Neitzel-Imagn Images

NFL teams are about to go on a shopping spree this week. 

In advance of Wednesday’s start of the new league year and the opening of free agency, a 52-hour legal tampering period begins Monday at noon ET. During that window, teams can start negotiating with the agents of players who will become unrestricted free agents. 

No contracts can be signed during that initial window, and teams are also prohibited from speaking directly with players—except for a limited exception allowing a single video or phone call with up to five free agents. The initial window, however, allows teams to begin roster planning, advance salary cap strategies ahead of Wednesday, when all teams must be cap-compliant, and minimize back-door negotiations around the league. 

Among the key NFL players who will be available as unrestricted free agents:

  • Kenneth Walker III: The running back just won Most Valuable Player award honors for the Seahawks in the Super Bowl LX win over the Patriots, rushing for 135 yards in the game.
  • Mike Evans: The wide receiver, a fixture in Tampa for the past 12 seasons, is a six-time Pro Bowler and is looking to rebound after an injury-marred 2025. 
  • Trey Hendrickson: The edge rusher will not be re-signed by the Bengals, ending a decorated but often tumultuous stint in Cincinnati
  • Kyler Murray: About to be let go by the Cardinals, the 28-year-old quarterback also has a standing offer to return to baseball with the A’s, though that’s unlikely to be taken. 
  • Kirk Cousins: Another veteran quarterback hitting the market, the 37-year-old, who has more than $321 million in career earnings, will be released by the Falcons. 
Kiyoshi Mio-Imagn Images

The $300 Million Era 

Teams will have additional financial room to work with after the NFL set the 2026 salary cap at $301.2 million per team, a record amount and $22 million more than the 2025 level. 

As the NFL free-agent market is heating up, so, too, is the one for trades. Late Friday, the Raiders agreed to a deal with the Ravens to move star defensive end Maxx Crosby to Baltimore for the No. 14 pick this year and a first-round selection in 2027—a package slightly less than what the Cowboys received last summer for Micah Parsons

The agreement will become official with the new league year and will give the Raiders and part-owner Tom Brady additional draft picks to work with as they remake the roster of a team that has just one playoff season since 2017. The Raiders also now have the most available cap space heading into the new league year at $119.4 million, according to Spotrac

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Mark Cuban Gearing Up for Lawsuit Over New Mavs Arena

Cuban seeks to prove Patrick Dumont unlawfully cut him out of opportunities.

Argentina Players Reignite Political Tensions After Beating England

Players and coaches downplayed the Falklands War before the game.

Argentina Stuns England Late to Return to World Cup Final

Messi and Argentina return to their second straight final.
podcast thumbnail mobile
Front Office Sports Today

7/16/26 – World Cup Final Set, Kawhi Probe, FanDuel VIP Scandal Deepens

0:00

Featured Today

What the World Cup Means to Erling Haaland’s Tiny Hometown

The tournament’s breakout star is from a rural Norwegian town.
July 10, 2026

Why So Many Media Outlets Are Rushing Into Sports

Sports coverage has ballooned in every corner of media.
Pillow Fight Championship
July 8, 2026

How Obscure Sports Get Mainstream TV Deals

For niche sports, getting on TV often matters more than getting paid.
ATLANTA, GA - September 05: Georgia Lottery fireworks after the game against the Seattle Mariners at Truist Park on Friday, September 5, 2025 in Atlanta, Georgia.
July 2, 2026

Inside the Spectacle and Science of MLB Fireworks

Postgame fireworks are lighting up baseball for America250.
Kansas City Chiefs
July 1, 2026

NFL Teams Push to Turn Futbol Fans Into Football Devotees

NFL teams are courting international soccer fans during their World Cup visits.
Jul 15, 2026; New York, NY, USA; A MLS and Apple TV advertisement for the FIFA World Cup 2026. Mandatory Credit: Kirby Lee-Imagn Images

MLS Will Attempt to Seize on World Cup Momentum

The league is eyeing the opportunity but still has a long-term view.
July 15, 2026

WNBA’s 3-Point Contest Tickets Slightly Exceed All-Star Game

Caitlin Clark has yet to participate in a WNBA 3-Point Contest.
July 15, 2026

WNBA Denies Report That Silver Influenced Thomas Suspension

The NBA owns 42% of the WNBA.
Sponsored

Clase Azul Tequila Founder’s Soccer Ownership

Arturo Lomeli talks about managing a tequila brand and two soccer clubs.
July 15, 2026

MLB’s Stretch Run Will Be Defined By Labor, Stadiums, and Stars

The trade deadline and contending low-budget teams also loom large. 
July 15, 2026

Adam Silver Wants Lengthy Clippers Probe Done ‘This Summer’

The investigation first started in September.
July 15, 2026

Still No Timetable for Trump Turnberry to Host Another Open Championship

Turnberry last hosted the Open in 2009.
July 15, 2026

NBA Summer League Is a Sports-Photography Bootcamp for Players

A new photography program has players taking other kinds of shots.