The NFL salary cap is a fluid entity that is constantly being tweaked and updated. In the offseason, player contracts are being added, subtracted, and restructured at such a pace that it can be challenging to keep up with where teams stand with their finances.
On Wednesday, March 15 at 4 p.m. ET, the 2023 league new year begins and at that time, every team in the NFL must be cap compliant. Over the last few weeks, we have seen teams making player cuts in order to meet this requirement, and at the time of the writing of this piece, several teams were still over the cap and will need to make some difficult decisions in the coming days.