New CBA could give the Tennessee Titans $4 million more in cap space
By Will Lomas
New information says that the Tennessee Titans might have $4 million extra to spend if a new CBA is announced.
The Tennessee Titans aren’t necessarily strapped for cash this offseason, but they do have several key players scheduled to hit free agency if they can’t get deals done.
That is why it is pretty important that the Titans could make $4 million in cap space if a new CBA is agree to soon.
According to Tony Pauline, if a new CBA was ratified the cap would raise 2% from $200 million to $204 million.
"As I first reported during The Draft Insiders podcast several weeks ago, the 2020 salary cap is expected to rise to $200 million. If the CBA is approved by the players, which most expect, I’m told there is an expectation that the cap will rise 2% to $204 million."
$4 million doesn’t seem like a lot in a vacuum, but think about it like this. What if the Titans found a way to keep Ryan Tannehill and Derrick Henry, but their offer for Jack Conklin was less than market value?
Well, with that extra bump in cap space, you could potentially push that offer up enough to keep your young outstanding offensive tackle in the fold for a few more years.
Another thing to keep in mind is this:
In a year, a $16 million per year deal for Jack Conklin could go from 8% of your total cap space, to 6.7% which is a massive difference. $40 million more cap space in a year is like saying you could take on the most expensive contract in the NFL for no extra cost.
While the loss of the transition tag could potentially hurt the Titans, we don’t even know if they are going to use the franchise tag much less the transition tag. So, I would take the free $4 million instead of the potential of a tag that just forces someone to pay your player more money than you can.