2014 Cap Room: Jaguars have plenty to spend, if they want to

Kirby Lee-USA TODAY Sports

Looking at the latest projected cap numbers, the Jaguars will have plenty of money to spend if they wish.

The Jacksonville Jaguars 2013 season is winding down and fans are now looking ahead to the offseason, especially free agency. The Jaguars didn't spend much in the offseason in free agency, but had loads of cap room. Heading into the 2014 season the Jaguars are projected to have over $50 million in cap room to play around with, if they so choose.

via CBS Sports:

2. Jacksonville Jaguars

Salary Cap Room: $54,324,476

Adjusted Salary Cap: $146,399,666

The Jaguars weren't active in free agency despite having over $33 million in cap room when the league year began in March as new general manager David Caldwell embarked on a rebuilding project. His preference is building the team through the draft. Finding a quarterback, presumably in the draft, is Jacksonville's most pressing need. The Jaguars are currently on track for the fourth overall pick. Starting quarterback Chad Henne is in the final year of a two-year, $6.75 million contract (with an additional $2.5 million in incentives). He could be re-signed on a similar deal since it is unlikely he will find a starting job elsewhere.Blaine Gabbert, the team's 2011 tenth overall pick, could be put on the trading block or released.

There are a number of positions the Jaguars could target in free agency and pay, such as the defensive end position or on the offensive line, or they can take the same approach they did last offseason and roll over even more cap room in 2015, then make their splash.

Either way, the Jaguars and David Caldwell have the freedom to spend.

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