Feb. 27, 2026, 1:12 p.m. ET
The NFL announced the 2026 salary cap figure for the Jacksonville Jaguars and the 31 other teams.
A month ago, it was reported that the 2026 salary cap would be in the $301.2 million to $305.7 million range. According to Ian Rapoport, the official cap number will be set at $301.2 million.
This is up $22 million from the 2024 season and up nearly $100 million from 2022, when the cap figure was $208.2 million.
So what does this mean for the Jacksonville Jaguars in 2026?
How much salary cap space do Jaguars have for 2026 NFL season?
Before this news broke, Over the Cap projected that the Jaguars were $13.48 million over the 2026 salary cap. That was based on a salary cap figure of $303.5 million.
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With the official number now known, we can estimate that the Jaguars are roughly $15.78 million over this year’s cap.
So GM James Gladstone has some work to do in the coming weeks before free agency officially opens on March 11th.
Salary cap space can be created through contract restructures, which pushes a portion of the current year’s cap charges to future years, inflating the salary cap hits at that time.
A contract extension in some instances can create space as well, as can veteran cuts, if the player’s cap hit is larger than their dead cap hit.
The Jaguars actually have the ability to create quite a bit more space, as we detailed here, it just depends on how aggressive Gladstone wants to be.
Jaguars 5 largest salary cap hits in 2026Trevor Lawrence: $24MJosh Hines-Allen: $23.4MArik Armstead: $19.38MFoey Oluokun: $17.10MTravon Walker: $15.19M