How are Philadelphia Eagles Spending Their Money in the NFL?
The Philadelphia Eagles are a Philadelphia-based American football club on the professional level. The Eagles are a member team of the National Football Conference (NFC) East division of the National Football League (NFL). Lincoln Financial Field is the site of the team’s home games.
The Eagles have made the playoffs 27 times since their inception, won 14 division titles, participated in four pre-merger NFL Championship Games, winning three of them, and made three Super Bowl appearances, winning Super Bowl LII at the conclusion of the 2017 season.
The squad and the New York Giants have a heated rivalry. This rivalry was one of the oldest in the NFL and the oldest in the NFC East. Jeffrey Lurie is the current owner of the Eagles. On May 6, 1994, he paid Norman Braman $195 million for the franchise. The club was given a $2.65 billion valuation by Forbes in 2017, placing them 10th among NFL clubs in terms of worth.
Philadelphia Eagles – Spending in NFL
Position | Cap Hit (in millions) | League Rank | League Average (in millions) | Differential (in millions) | Percentage of Total Cap | League Average Percentage |
---|---|---|---|---|---|---|
QB | $5.72 | 29 | $19.5 | $-13.78 | 2.94% | 9.51% |
RB/FB | $5.91 | 32 | $11.8 | $-5.89 | 3.04% | 5.75% |
TE | $9.46 | 18 | $11.1 | $-1.64 | 4.87% | 5.41% |
WR | $21.75 | 17 | $23.7 | $-1.95 | 11.2% | 11.56% |
OL | $49.63 | 3 | $37.5 | $12.13 | 25.55% | 18.28% |
DL | $50.81 | 5 | $34 | $16.81 | 26.16% | 16.58% |
LB | $11.22 | 30 | $25.4 | $-14.18 | 5.78% | 12.38% |
DBs | $32.71 | 19 | $35.6 | $-2.89 | 16.84% | 17.36% |
ST | $7.03 | 14 | $6.6 | $0.43 | 3.62% | 3.22% |
Total | $194.23 | 23 | $205.1 | $-10.87 | ||
Dead Money | $54.92 | 3 | $21.96 | $32.95 | ||
Cap Space | $3.96 | 32 | $16.28 | $-12.32 |
The COVID-19 effect caused the wage ceiling to drop from $198.2 million in 2020 to $182.5 million in 2021 before rising to $208.2 million in 2022. Even though the Eagles were effective in the free-agent market, Howie Roseman nonetheless took the necessary steps to set up the organization for future financial success.
With the additions of A.J. Brown, Haason Reddick, and Kyzir White, Philadelphia is evenly investing in both offensive and defensive lines. The Eagles’ decision to risk losing defensive lineman Fletcher Cox after letting go of the 12-year veteran startled some in the NFL. Cox was re-signed to a $14 million contract, saving the team $5.3 million over the course of his first release.