With the 2021 NFL Draft set to start this week (Thursday, April 29), franchises need to ensure they do not cross the salary cap limit while drafting in players.
The Jacksonville Jaguars hold the No.1 overall pick in the draft and are expected to swoop in to take Clemson QB Trevor Lawrence off the board. Lawrence won't come cheap, so NFL officials will be keeping a close eye on the Jags' financials.
In a bid to get Jacksonville competing again following a disappointing 2020 campaign, new coach Urban Meyer needs to flash the cash in the NFL draft this week. However, they also need to ensure they do not break the salary cap limit in pursuit of new stars.
Failure to comply with the NFL's salary cap regulations could lead to financial penalties and the loss of draft picks at future events.
With the new season set to get underway in September, the Jaguars franchise needs to ensure it stays under (or gets back under) the $182.5 million salary cap limit.
How much cap space do the Jacksonville Jaguars have ahead of the 2021 NFL season?
As of April 28, the Jacksonville Jaguars have a fairly comfortable-looking $39,627,634 of available cap room, which is the most for any NFL team by a country mile.
Because the Jaguars have so much money available to maneuver with, coach Urban Meyer and co. should have no issues when it comes to offering incoming QB Trevor Lawrence a big deal in the NFL draft. He can further buttress the roster via free agency before the season starts in September
Who is the highest-paid Jacksonville Jaguars player in 2021?
The highest-paid player (with bonuses included) on the Jaguars roster is left offensive guard Andrew Norwell. He recently agreed to restructure his contract but still stands to earn a guaranteed salary of $9,000,000 and a prorated bonus of $6,000,000.
Since Norwell agreed to take a lower guaranteed salary, his earnings can be outdone by his fellow OL, Cam Robinson, who stands to earn a tidy guaranteed salary of $13,754,000.
The Jaguars opted to place a franchise tag on Robinson last month, and coach Meyer will be hoping for some improved performances from his highly rated LT next season.
Despite Robinson's tremendous size and strength, he's yet to post a PFF grade above 70.0 in his four-year career.