The 2020 season is behind us, and now it’s time to start thinking about what changes are coming in the offseason to prepare for next year. We will focus on the roster, examining the salary cap situation, looking at who’s still under contract vs. a free agent, and exploring potential options for freeing up money.
Salary Cap Situation
The 2021 salary cap is currently projected to be somewhere between $175 and $195 million. I’ll use $185 million, right in the middle of that, as our estimate for now. As you can see in the table below, the Bears are fairly tight up against the cap right now (bottom row). All numbers come from Over the Cap.
The Bears have very little cap room, and it’s worth noting this is with only 45 players under contract. The Bears will have to fill to 53 for a full roster, and the NFL minimum salary is $660k. Even if they fill out with minimum-salary players, that adds another $5.3 million, which puts them over the salary cap (or very close to it, depending on where exactly it ends up). That’s not to mention their draft picks, which will add a few million to that; the Bears pick 20th in round 1, and last years’ 20th overall pick had a $2.4M cap hit.
I’ll note these numbers are current as of about 10 PM Chicago time on Wednesday, January 13. They might have changed if the Bears sign more practice squad players to futures contracts (which basically adds in guys at that minimum $660k level).
So the Bears are currently a little over the salary cap, though there are always options to free up more money (more on that later). Who do they have under contract making all that money? The table below shows the current depth chart for all 45 players currently signed for 2021 (again, might be a little out of date as the Bears sign their practice squad players in the upcoming days).