Nearly three weeks into the 2015 NFL free agency period and teams have combined to hand out $US1.86 billion worth of contracts including $US766.9 million in guaranteed money according to data collected by Spotrac.com.
The biggest spenders have been the Jacksonville Jaguars who have spent $US172.5 million with their biggest signing being tight end Julius Thomas who received a 5-year, $US46 million contract. The New York Jets are not far behind at $US172.0 million.
Teams like the Jaguars are driven by a “minimum spend” rule that requires each team to have a payroll that takes up at least 89% of the salary cap. The amount of money spent by the Jaguars in free agency is more than the bottom ten teams ($US161.1 million) combined.
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