Story by
Jaguars salary cap update after restructuring Jakobi Meyers' contract
- Story by
- Jaguars salary cap update after restructuring Jakobi Meyers' contract
The Jacksonville Jaguars continue to create more salary cap space by restructuring contracts.
The latest reported move came with Jakobi Meyer's deal. Meyers signed a three-year, $60 million extension this past December.
Advertisement
According to Spotrac , the Jaguars converted $4.7 million of Meyers' base salary into a fully guaranteed roster bonus.
This move cleared $3.76 million in 2026 salary cap space.
In short, contract restructures take cap charges from the current year and push them to future years. The cap hit from a player's base salary counts 100% toward the current year's cap, but a roster bonus can be prorated over the life of a deal.
Also on Meyers' contract are two void years. These are not an extension, but rather a bookkeeping measure that puts more years on the contract on paper. Meyers is still set to be a free agent in 2029, at which point the $7.28 million in cap charges from the void years will accelerate and come due as dead cap that year.
Advertisement
Jaguars updated salary cap outlook
According to Over the Cap , Jacksonville now has $4.62 million in available salary cap space. Only one team, the Buffalo Bills , has less cap space than the Jaguars.
The salary cap is a likely factor in the Jaguars' quiet start to free agency, but during his free agency press conference, GM James Gladstone explained the big reason behind the Jaguars' lack of free agency moves.
This article originally appeared on Jaguars Wire: NFL free agency: Jaguars updated salary cap update after latest move
