The Jacksonville Jaguars have a 2016 salary cap of $190,301,710 after rollover and adjustments, according to the NFL Players Association. It's the largest salary cap in the league and the most any team has ever had in league history.
So, how did this number hit such a high mark? Well, partly because of the unused cap room that the Jaguars had the ability to roll over for the 2016 season, which the NFLPA announced late last month. With just over $32 million, $32,774,928 to be exact, it has given the Jaguars further ammunition to push for top tier free agents during the 2016 NFL offseason.
And what's this Minimum Cash Spend rule we keep hearing about? Well, first, it's not as big a deal as you think and largely irrelevant. In short, the league demands you spend 89 percent of the salary cap. (Read more about it here.)
But the fact of the matter is the Jaguars could literally spend absolutely nothing in free agency and there isn’t really a penalty they will be given. The penalty for not reaching the 89 percent spend requirement over the four-year cumulative period means a team will have to give the money they're short by to their own players (via NFLPA-determined distribution). Teams are not fined, they are not docked draft picks or anything other than that. The difference is distributed among the current players on the roster.