Veteran Safeties Face Uncertain Future as NFL Teams Cut Costs
ICARO Media Group
In what has been a challenging offseason for veteran safeties, NFL teams are increasingly opting to part ways with pricey defensive backs. As the 2024 league year approaches, several safeties with lucrative contracts have already been cut, resulting in a combined cash savings of $103.25 million, according to Nick Korte of OverTheCap.com.
The Broncos kicked off the trend by saving a significant $14.5 million on their 2024 salary cap after cutting Justin Simmons. Following suit, the Eagles made a move to improve their salary cap situation by saving $13.7 million when they let go of Kevin Byard. The Seahawks, seeking to bolster their financial flexibility, made the tough decision to cut both Jamal Adams and Quandre Diggs, saving a total of $17 million in the process. Similarly, the Bills shaved $5.7 million off their 2024 salary cap by parting ways with Jordan Poyer.
However, it's not just safeties who find themselves on the chopping block. Cornerbacks have also experienced significant cost-cutting measures, with $64.5 million worth of cuts in the 2024 league year so far. The secondary has emerged as the position where NFL teams have made the most savings from their recent roster adjustments, accounting for almost half of the total cash saved.
This growing trend of NFL teams prioritizing financial prudence over retaining veteran safeties reflects the ever-evolving landscape of the league. As teams face increasing salary cap constraints, they are forced to make tough decisions regarding their rosters.
With just six more days until the start of the 2024 league year, it remains uncertain what the future holds for many veteran safeties. As the league continues to emphasize fiscal responsibility, more cuts may be on the horizon. Whether these players find new opportunities elsewhere or are forced to reevaluate their careers remains to be seen.