The NFL salary cap creates challenges as teams try to build a championship squad. Here's a look at some of the most overpaid and underpaid players at each position midway through the 2023 season. Salaries are based on cap hits from Spotrac.com.
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The last overall pick from the 2022 draft is a remarkable 10-2 over his first 12 regular season starts, leading the 49ers as an uber-efficient passer. The Iowa State alum is also a huge bargain for his team, with a cap hit of less than $900,000 in 2023.
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Watson signed a record-breaking five-year, $230 million guaranteed contract with the Browns in 2022. Since that time, he's struggled when he hasn't been suspended or injured. Watson's cap hit is over $19 million in 2023, the 10th highest at the quarterback position.
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Williams contributed sparingly as a fifth-round pick in his rookie season, but he's emerged as the Rams starter this year. He had 456 rushing yards in six games before going down due to injury, but remains a great value with a cap hit of less than $700,000.
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Cook signed with New York before the season began, but the move looks like a head-scratcher now. The former Vikings star has come off the bench to rush for only 109 yards through his first six games, averaging fewer than three yards per carry. His cap hit is a healthy $7 million.
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The top receiver in one of the league's best offenses, St. Brown made his first Pro Bowl last season and is well on his way to another Pro Bowl nod. Still on his rookie deal, St. Brown's cap hit is just over $1.1 million.
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Renfrow was a favorite of former Raiders head coach Jon Gruden, but the new offense under Josh McDaniels hasn't been as friendly. He had only 330 yards receiving in 10 games last season and just eight catches in his first seven games this year. However, Renfrow's cap hit is north of $13 million.
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Underpaid tight end: Sam LaPorta, Detroit Lions
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LaPorta has been another very productive tight end out of Iowa, shining in his rookie season. The second-round pick is a clear bargain for the Lions, with a cap hit of about $1.7 million.
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It's still unclear how Dissly drew such a large contract from the Seahawks, as he's never gained 400 yards receiving in a season. His cap hit of about $9.2 million this season hasn't been money well spent, with six catches over his first five games.
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Left tackles come at great cost in the NFL. Raimann, a third-round pick from 2022 out of Central Michigan, has quickly become a quality player at the position for Indy, but his cap hit is only about $1.2 million in his second season.
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Bakhtiari was first or second-team All-Pro for five consecutive seasons until injuries struck in 2021. He's played a total of 13 games since that season, and is set to miss the rest of 2023 due to knee surgery. His cap hit is the third highest in the NFL among offensive tackles at nearly $21.3 million.
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A highly-regarded recruit at Tennessee, Smith's health issues pushed him to the sixth round in the 2021 draft. He has almost a perfect health record since the Chiefs drafted him, and has been an excellent performer at right guard for the team. Smith should eventually find a big contract, but for now his cap hit remains below $1 million.
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Whitehair has had a tough time for the Bears this season after missing time to injury last season. The former Pro Bowler is making a large sum from the Bears, however, with a cap hit of $14.1 million this season.
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Humphrey was selected in the same draft class as teammate Trey Smith in 2021, going 63rd overall to the Chiefs. He's been an elite center since he found the field, including an All-Pro designation and Pro Bowl. Humphrey's cap hit is slightly more than $1.5 million this season.
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An extremely reliable center for the Bucs before last season, Jensen suffered a knee injury before Week 1 in 2022 and hurried back to play in the playoffs. Jensen had a setback that ended his 2023 season before it began, but his cap hit is among the top centers in the NFL at more than $5.9 million.
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Epenesa had a breakout 2022 season for the Bills with 6.5 sacks, and continues to make strides this year with five sacks in his first eight games. He's set to be paid after this season, but has a cap hit of only $1.87 this year.
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Ogbah had back-to-back nine-sack seasons with Miami in 2020-2021 but hasn't played at that same level over the last two years. He played only nine games last year and has 2.5 sacks over seven games this year. Still, Ogbah's cap hit is nearly $17.2 million for the Dolphins.
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Carter's play has been as advertised as the ninth overall pick in the 2023 draft, dominating as an interior pass rusher with 3.5 sacks in his first six games. His cap hit is still sizeable at nearly $4 million, but a bargain considering how well he's played.
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Collins hasn't been much more than a run stuffer lately for the Texans, a role that can usually be had on the cheap. That's not the case for Houston, with a cap hit of more than $7.4 million this season.
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It seems inevitable that Parsons will be one of the highest-paid defensive players in the league, but the Cowboys still have him on his rookie deal. He recorded 13.5 sacks last season, and is well on his way to that number again with five sacks over his first six games. Parsons' cap hit is under $4.7 million this season.
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Landry missed all of last season due to a knee injury, and he hasn't been his old Pro Bowl self early this year with only two sacks over six games. The Titans are hopeful his pre-injury form will return, with a massive cap hit of more than $10.5 million.
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A second-year player who played sparingly last season, Landman has been quite a find as a regular starter for the Falcons this year. He's recorded 43 tackles over his first seven games, and has a cap hit of only $870,000.
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After five productive seasons in Buffalo, Edmunds was rewarded with a massive deal in Chicago this year. His play hasn't quite been up to his old standards, and Edmunds' cap hit of nearly $14.7 million in third highest among inside linebackers.
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Underpaid cornerback: DaRon Bland, Dallas Cowboys
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With Trevon Diggs' season-ending injury, Bland's emergence has been key for the Dallas defense. He already has two pick-sixes in six games, but the 2022 fifth-round pick has a cap hit of under $1 million.
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Now in his third season with the Giants, Jackson's contract has been a disaster for the team. He played only 10 games last year and has struggled this season, allowing over 14 yards per completion and a nearly 70% completion rate. Jackson's cap hit is the highest at the position, more than $19 million.
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Winfield has been a key playmaker since the Bucs drafted him in 2020, making the Pro Bowl in 2021. He has two sacks and three forced fumbles in seven games this season, but his cap hit is very reasonable at about $2.1 million.
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Overpaid safety: Jamal Adams, Seattle Seahawks
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The oft-injured Adams was lost in Week 1 last season due to a quad injury, and has tallied only three games through Week 7 this year. The former Pro Bowler's cap hit remains hefty at nearly $11.5 million.