Salary cap room: $16,706,529
Adjusted salary cap: $127,876,408
On the surface, the Jets do not appear to have a big salary cap surplus. But they will have in excess of $30 million of cap space by making a couple of expected roster moves. The Jets will gain $8.3 million of cap room by releasing quarterback Mark Sanchez before his $2 million roster bonus is due on the 15th day of the league year (March 25). Another $8.25 million of cap room will be created by parting ways with Santonio Holmes before his $1 million roster bonus is payable on the third day of the 2014 league year (March 13). Antonio Cromartie's $14.98 million cap number needs be addressed by trade, release or paycut before his $5 million roster bonus is due on March 13. He was named to his first Pro Bowl in 2012 but has performed poorly this year. The Jets would pick up $9.5 million of cap room by releasing him. Finding a playmaking wide receiver is a must for the Jets. Eric Decker, Hakeem Nicks, Emmanuel Sanders and James Jones head the crop of free-agent wide receivers.