On Sunday night, the NFL announced the 2012 salary-cap figure for the 32 teams -- $120.6 million, only a $225,000 increase from last season. The 51 highest-paid players count toward the cap during the offseason, and teams must be under the cap by 4 p.m. Tuesday.
As of Saturday, the Jets were $7.1 million under the cap, according to ProFootballTalk.com -- but that didn't reflect the Mark Sanchez contract extension. Sanchez's new deal will provide a $6.4 million cap savings in 2012, so the Jets should be about $13.5 million under.
That might sound like a lot, but keep in mind that roughly one-third of that will be needed to sign their draft picks. For a preview on what the Jets are planning to do in free agency, click here.
Just for kicks, here's a list of the 10 highest base salaries on the Jets. These figures don't includes bonuses, it's just base pay, according to the NFL Players' Association:
David Harris -- $9.9 M
Santonio Holmes -- $7.75 M
Darrelle Revis -- $4.5 M
Bart Scott -- $4.2 M
Antonio Cromartie -- $3.8 M
Mark Sanchez -- $3.25 M (new contract)
Calvin Pace -- $3.09 M
Dustin Keller -- $3.05 M
Brandon Moore -- $2.75 M
Wayne Hunter -- $2.45 M