Colts’ 10 largest salary cap hits for 2024 NFL season

Overall, the Colts are sitting well this offseason, relative to the rest of the NFL, from a salary cap perspective.

At the moment, Over the Cap projects that they have $16.91 million in available cap space–although the re-signing of Julian Blackmon is still not accounted for. In terms of effective cap space, which takes into account the costs of the incoming draft class, the Colts have $12.71 million in available space, which ranks in the top half of the NFL in 15th.

Along with the draft class, assembling a practice squad and leaving enough cap space available for an in-season spending, whether that be on new additions or gameday elevations, will require more cap space as well that isn’t accounted for in that $12.71 million figure. But all teams will have those expenses–not just the Colts.

Of the $234.55 million making up the Colts’ current salary cap hit, $142.09 million is on the offensive side of the ball, $103.68 million is on defense, and $9.85 million is going to special teams. Here is a look at the 10 largest individual cap hits that the Colts will have on the 2024 books this season.