How are Pittsburgh Steelers Spending Their Money in the NFL?
Located in Pittsburgh, the Pittsburgh Steelers play professional American football. The Steelers are a team in the American Football Conference North division of the National Football League. The Steelers are the oldest team in the AFC and the seventh-oldest franchise in the NFL. They were founded in 1933.
The Steelers have participated in and hosted more conference championship games than any other NFL team, and it is tied with the New England Patriots for the most Super Bowl victories with six. The Patriots hold the record with eleven AFC titles, while the Steelers have a record of eight tied with the Denver Broncos.
With eight Super Bowl appearances, the franchise is tied for second place with the Denver Broncos and Dallas Cowboys. They presently hold their home games at Heinz Field, which is located in the North Shore area on Pittsburgh’s North Side. The Steelers have a big, all-encompassing support following known as Steeler Nation.
Pittsburgh Steelers – 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 | $8.43 | 25 | $19.5 | $-11.07 | 4.37% | 9.51% |
| RB/FB | $12.2 | 12 | $11.8 | $0.4 | 6.33% | 5.75% |
| TE | $5.02 | 31 | $11.1 | $-6.08 | 2.6% | 5.41% |
| WR | $15.3 | 29 | $23.7 | $-8.4 | 7.93% | 11.56% |
| OL | $23.66 | 32 | $37.5 | $-13.84 | 12.27% | 18.28% |
| DL | $35.57 | 13 | $34 | $1.57 | 18.44% | 16.58% |
| LB | $49.05 | 2 | $25.4 | $23.65 | 25.43% | 12.38% |
| DBs | $35.53 | 14 | $35.6 | $-0.07 | 18.42% | 17.36% |
| ST | $8.15 | 8 | $6.6 | $1.55 | 4.22% | 3.22% |
| Total | $192.91 | 24 | $205.1 | $-12.19 | ||
| Dead Money | $30.86 | 7 | $21.96 | $8.9 | ||
| Cap Space | $19.65 | 7 | $16.28 | $3.37 |
According to Over the Cap, the Steelers have spent a total of $141.79 million on free-agent contracts since the start of the 2022 free agency era. Since the conclusion of the last Super Bowl, free agents have signed the following number of contracts. The Steelers are the 10th-highest spending club this offseason based on the total amount of money in these deals.
Surprisingly, with more than $20 million left in salary space, the Steelers are still sixth in the NFL. The Steelers didn’t spend a lot of money on just one or two well-known players. Instead, they distributed their funds to talented, young starters like Levi Wallace, Myles Jack, and James Daniels. Pittsburgh’s ability to spend so much money during the 2022 offseason is also a result of the players they passed on.
