Projected 2008 NFL Salary Cap (116 M) Space for Each Team Rank Team $ Under the Cap 1 San Diego Chargers $43.03 M 2 Tennessee Titans $40.85 M 3 Miami Dolphins $35.56 M 4 Jacksonville Jaguars $32.69 M 5 Buffalo Bills $32.05 M 6 New Orleans Saints $31.69 M 7 Cincinnati Bengals $31.45 M 8 San Francisco 49ers $30.91 M 9 Cleveland Browns $30.31 M 10 Arizona Cardinals $30.27 M 11 NY Jets $27.72 M 12 Oakland Raiders $25.98 M 13 Tampa Bay Buccaneers $25.9 M 14 NY Giants $24.47 M 15 Detroit Lions $23.5 M 16 Houston Texans $22.91 M 17 Dallas Cowboys $20.61 M 18 Kansas City Chiefs $20.27 M 19 Chicago Bears $19.8 M 20 Pittsburgh Steelers $18.61 M 21 Green Bay Packers $18.37 M 22 Philadelphia Eagles $17.17 M 23 Denver Broncos $16.77 M 24 Minnesota Vikings $14.88 M 25 New England Patriots $10.93 M 26 St. Louis Rams $9.61 M 27 Seattle Seahawks $9.55 M 28 Indianapolis Colts $8.49 M 29 Crolina Panthers $6.05 M 30 Atlanta Falcons $5.79 M 31 Baltimore Ravens $5 M 32 Washington Redskins $-20.72 M