The standard thought amongst fans is that the Bears have a tremendous amount of cap space to sign big free agents in the offseason this year. According to sportrac.com, that’s both true and not true.
The Bears will have roughly $55 million dollars in available cap space in the offseason. That ranks them second amongst the 32 NFL teams. However, their “cap health” only ranks them at 12th. That’s because they only have 14 of their 22 starters signed and those 14 take up 62% of their available space.
The bottom line is that, because the Bears available cap space has to be used to replace a relatively large percentage of the players on their roster, their ability to spend a great deal of money on only one or two free agents is limited.
Still, 12th ranks them in the top end of the league and the Bears are in great financial shape for the coming offseason. Just not as great as some people think.