+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

The Jets and Jaguars have been the biggest spenders in NFL free agency

Mar 28, 2015, 02:44 IST

Nearly three weeks into the 2015 NFL free agency period and teams have combined to hand out $1.86 billion worth of contracts including $766.9 million in guaranteed money according to data collected by Spotrac.com.

Advertisement

The biggest spenders have been the Jacksonville Jaguars who have spent $172.5 million with their biggest signing being tight end Julius Thomas who received a 5-year, $46 million contract. The New York Jets are not far behind at $172.0 million.

Teams like the Jaguars are driven by a "minimum spend" rule that requires each team to have a payroll that takes up at least 89% of the salary cap. The amount of money spent by the Jaguars in free agency is more than the bottom ten teams ($161.1 million) combined.

NOW WATCH: This video will change the way you watch the WWE

Please enable Javascript to watch this video
Next Article