Salary cap space
As of March 17, 2021, the Titans are projected to have $19,078,389 in cap space for 2021.
The Titans rolled over $2.3 million in 2020 cap space.
March 10 update: The salary cap has been set at $182.5 million.
The Tennessee Titans were bounced from the playoffs during Wild Card weekend this season, and they’ll look to improve on that this offseason. Tennessee won the AFC South and hosted a home playoff game where it was defeated by the Baltimore Ravens in the Wild Card round.
Looking ahead to the offseason, the Titans have 27 free agents as they decide how to build their roster in 2021. Tennessee is a bit over the salary cap and will likely be slashing some contracts to free up space.
The NFL powered through its 2020 season amidst the COVID-19 pandemic. The league played without fans in most stadiums, and limited fans in a handful of locations. The decrease in gate revenue is going to result in a decrease in money shared between the 32 teams. This in turn means the salary cap is expected to decrease. The NFL and NFLPA agreed to a salary cap of no lower than $175 million. The latest report has the number landing between $180 and $181 million, which is a good bit lower than the $198.2 million of this past season. This will result in some tough choices for many teams.
All salary cap information below comes courtesy of the NFLPA Public Salary Cap Report.
The biggest question revolves around 2017 draft pick Adoree’ Jackson. He suffered a knee injury before Week 1 and did not return until Week 15. The Titans exercised his fifth year option the previous May and he is currently due $10,244,000 in 2021. The team could cut him or work out a contract extension that lowers the cap hit.
Adam Humphries was banged up much of this year. He’s due $6,750,000 in 2021 and $8,250,000 in 2022 with a $500,000 roster bonus in each year. The Titans could cut him and save $4,750,000 or designated him as a post-June 1 cut and save $7,250,000. Of course, with Corey Davis hitting free agency, a decision on Humphries might depend first on what happens with Davis.
The team’s biggest cap hits in 2021 aside from Ryan Tannehill and Derrick Henry belong to safety Malcolm Butler ($14.2 million) and tackle Taylor Lewan ($13.7 million). Butler is signed through 2022 and Lewan is signed through 2023 with no guaranteed money moving forward.