Kevin Seifert of ESPN has estimated the cap space for all 32 NFL teams. Here are the numbers for the AFC South representatives, including the Tennessee Titans:
Jacksonville Jaguars: $55,128,123
Indianapolis Colts: $40,014,750
Tennessee Titans: $12,006,952
Houston Texans: $8,003,210
Those numbers are based on the $132 million cap number. The Jaguars and Colts are both among the top four in available cap space. AFC teams fill out the entire top five.
Don’t forget that these teams must account for upcoming free agents for the 2014-15 season and possibly extensions toward players who are due in the 2015-16 season. Those numbers don’t mean that teams will showcase uncontrollable spending habits outside of the players they’ll have to re-sign to their own rosters.
This gives Tennessee more flexibility with re-signing their own players. Among the most expensive options: Alterraun Verner, Bernard Pollard, and Ropati Pitoitua. The Titans could create cap space if they elect to cut Chris Johnson, David Stewart, Nate Washington, Kamerion Wimbley and Craig Stevens, among others. More cap space could mean this team uses free agency to add to their trench play or linebackers.