After showing financial discipline in 2023, the Jaguars made significant moves in free agency this spring. They spent over $123 million on contracts for players like Arik Armstead, Gabe Davis, Mitch Morse, Ronald Darby, and Darnell Savage. The team also secured extensions for key players like quarterback Trevor Lawrence and outside linebacker Josh Hines-Allen, who received the largest deals in franchise history. However, some are questioning if Lawrence’s extension came too soon.
Despite their active offseason, the Jaguars still have financial flexibility heading into the 2024 season. With $28.5 million in salary cap space remaining, the team ranks seventh in the NFL in available funds. It’s important for Jacksonville to keep some cap room for in-house expenditures, such as the practice squad, injured reserve, and midseason additions. They can also carry over unused cap space into the following season.
The Jaguars have the opportunity to add more players before or during training camp to compete with the AFC South champion Houston Texans. Coach Doug Pederson and general manager Trent Baalke may consider utilizing their cap space to bolster the team.
Here are some potential additions that could make sense for Jacksonville:
1. CB Stephon Gilmore: The former AP Defensive Player of the Year may provide valuable experience and leadership to the young cornerback group.
2. WR Russell Gage: Gage, who missed the 2023 season due to injury, could offer depth and versatility to the Jaguars’ receiving corps.
3. S Justin Simmons: With uncertainty at safety, adding a seasoned veteran like Simmons could stabilize the position.
4. Edge Emmanuel Ogbah: Ogbah could provide a much-needed pass-rushing presence behind the team’s top performers.
5. LB Josh Woods: Adding Woods could enhance the depth at linebacker and special teams for the Jaguars.
Ben Arthur, the AFC South reporter for FOX Sports, provides valuable insights into the Jaguars’ potential moves. His experience covering NFL teams adds credibility to his analysis.
By strategically using their remaining cap space, the Jaguars have the opportunity to strengthen their roster and improve their chances of competing in the AFC South. As the team continues to make moves in free agency, fans can look forward to an exciting and competitive season ahead.