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Jacksonville Jaguars Currently $28,113,480.00 Under the Cap

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According to Jason La Canfora of NFL.com, the Jacksonville Jaguars are currently $28,113,480.00 under the salary cap. Only the Kansas City Chiefs and the Tampa Bay Buccaneers have more cap room than the Jaguars. Even after dishing out over $60 million in guaranteed money during free agency, as of August 15th the team is still nearly $29 million under the cap.

Their current salary for the 2011 season sits right at $92,768,120.00.

Jaguars 2011 Signings
Player POS Years Total $ Guar. $
Paul Posluszny LB 6 $42 million $15 million
Clint Session LB 5 $29 million $11.5 million
Dawan Landry S 5 $27.5 million $10.5 million
Marcedes Lewis TE 5 $35 million $17 million
Jason Spitz OL 3 $5.25 million $1 million
Drew Coleman CB 3 $7.4 million unknown
Matt Roth DE 1 $3 million none

This table doesn't include rookies like Blaine Gabbert either, who signed a $12 million contract fully guaranteed with a little over $7 million in signing bonus.