The Jacksonville Jaguars made two salary cap adjustments on Friday to create some needed salary cap space.
However, there is still work to be done.
The contract restructuring of Patrick Mekari and Eric Murray frees up nearly $11 million in cap space for the 2026 season. But the Jaguars still lost $6.04 million, according to Over the Cap.
advertise
Jacksonville has until March 11 to hit the cap before the new league year begins, but they also need some extra room to make any additions.
Here are three ways to create salary cap space.
Extend Travon Walker
Last offseason, the Jaguars picked up Walker’s fifth-year option for the 2026 season. This is actually a one-year contract with a scheduled salary of $15.19 million, the entire amount of which must be factored into the 2026 salary cap.
However, an extension would help create more cap space. While the deal adds more money, it also adds more years, giving longer runway to the current cap charge, creating cap space in 2026.
advertise
According to OTC calculations, the Jaguars can create up to $11.18 million in salary space by renewing Walker this offseason.
Find trading partners for Walker Little
Cole Van Lanen took control of the starting left tackle position last season and received a contract extension. Little was then forced to come on as a substitute, even filling in at right-back when needed.
As of now, his role doesn’t appear to be changing in 2026, with a base salary of $11 million and a cap hit of $14.49 million, which is a lot of money to spend on backup funds.
If the Jaguars can trade him, it will free up $7.26 million in cap space. However, this can be difficult. Likewise, Little has an $11 million salary that his new team must pay, and his performance last season was up and down.
advertise
Releasing Little doesn’t save the Jaguars much cap space.
Restructure Foye Oluokun’s deal
Oluokun’s salary cap hit this season is $17.11 million. With two years left on his contract, and two void years already added to the deal, the Jaguars have three more years to push some of this year’s cap charges toward restructuring.
Oluokun currently has a salary cap hit of just $549,000 in vacant years, which could make it more attractive for him to modify his deal. The maximum reorganization will free up $6.33 million in salary space.
This article originally appeared on Jaguars Wire: NFL Free Agency: How Jaguars can create $25M in salary cap space
