Are you a Tennessee Titans enthusiast who had his or her heart set on Peyton Manning or Mario Williams? You might be discouraged to learn that the Titans have approximately $20 million in available cap space as of June 22, 2012. NBC ProFootballTalk's Mike Florio posted the remaining cap space for all 32 teams. That can be viewed here.
The exact amount of cap space was $19.97 million. The Jacksonville Jaguars were the only team who had more cap space with $25.1 million. The Indianapolis Colts had the eighth-most available cap room with $14.59 million. The Houston Texans only had $4.05 million. The Baltimore Ravens were the only franchise with less than $1 million ($606,000).
The short-term outlook on this is that the Titans missed out on an opportunity to add another key free agent that could've helped this team in 2012. The long-term benefit is that they have more money to invest on long-term contracts on proven assets. Those assets are players who've shown that they can succeed with this organization.
The Titans have some key players who are scheduled to become free agents in 2013. Jason McCourty, Jared Cook, Rob Bironas, Will Witherspoon, Javon Ringer and Fernando Velasco are amongst the best players who are scheduled to become free agents in 2013. Kenny Britt is scheduled to become a free agent in 2014. More contract statuses can be found at RotoWorld.
The Titans have reportedly been working on a contract extension with McCourty. They already lost Cortland Finnegan when he signed with the St. Louis Rams this offseason. McCourty and Cook would seem like the most-likely candidates to receive the franchise tag if extensions can't be reached before early-2013. Titans general manager Ruston Webster might want to see these players have another successful season before he makes a long-term commitment to them.
Starting in 2013, each team must spend at least 95-percent of their salary caps for any individual season. Assuming McCourty, Cook and Bironas continue to perform at a high level, I'd expect them all to return for 2013. I wouldn't expect any long-term extensions for Britt until he can prove "Availability." That means no more injuries and no more off-field incidents. Don't be surprised if that one goes into 2014.
Joshua Huffman grew up in Michigan's Upper Peninsula as a Green Bay Packers and Chicago Cubs enthusiast. He immediately gained an admiration for Cubs fans after watching numerous games on WGN during the mid-90s. His favorite Cubs moment was Kerry Wood's(notes) 1-hitter, 20K extravaganza that was only denied of a no-hitter by Kevin Orie's defensive blunder. As a Packers and Cubs fan, he suffered through Steve Bartman and "4th & 26" in a span of three months. He can be found on Twitter HERE.
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