For a second straight offseason, the Bears were slated to have the most cap space in the NFL.
But after signing marquee pass rusher Montez Sweat to a gargantuan four-year deal worth $98 million, their cap space took a dive. Not to the degree you would expect, however.
In 2024, the Bears will have the fifth-most cap space in the NFL at ~$67 million, according to Spotrac. According to Over the Cap, the Bears will have ~$56 million in effective cap space, good for the sixth-most projected in the league.
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In terms of dead money, it seems the Bears have cleared the bulk of their dead contracts. Both cap websites say the Bears will have ~$859,000 in dead cap, good for 20th in the NFL.
Sweat officially has the most expensive contract on the Bears, coming in at a lofty $24.5 million per season. After him, it's DJ Moore with just north of $20 million per year. Tremaine Edmunds ($18 million per year), Eddie Jackson ($14.6 million per year) and Cole Kmet ($12.5 million per year) follow after.
How will the Bears use their cap flexibility this season?
Last offseason, they spent like a kid in a candy store. They brought in Moore, Edmunds, T.J. Edwards, Nate Davis, Yannick Ngakoue and DeMarcus Walker. All besides Walker are on $10+ million per season.
