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How much salary cap space do the Steelers have in 2023?

We break down the projected available cap space in 2023 for the Pittsburgh Steelers and notable contract situations.

Pittsburgh Steelers quarterback Kenny Pickett (8) talks to Pittsburgh Steelers head coach Mike Tomlin on the sideline during the national football league game between the Cincinnati Bengals and the Pittsburgh Steelers on November 20, 2022 at Acrisure Stadium in Pittsburgh, PA. Photo by Mark Alberti/Icon Sportswire via Getty Images

The Pittsburgh Steelers came up just short of the playoffs to close the 2022 NFL season, but they made some important strides. Kenny Pickett took over the starting QB job in October and showed signs he could be their long-term QB. He has plenty of work to do, but if Steelers have their quarterback, it makes things a lot easier in the process.

They head into 2023 free agency with some solid cap space and in position to clear up even more. They’ve got their own first round pick, and also have the top pick in the second round thanks to the Chase Claypool trade. That’s almost like having a pair of first round picks.

Pittsburgh heads into free agency with +5500 odds to win the Super Bowl and +550 odds to win the AFC South at DraftKings Sportsbook. At best they can match the Browns right now and have some work to do this offseason. Most notably, they need to improve an offense that finished the season ranked 18th in efficiency.

Pittsburgh Steelers 2023 salary cap space (as of 10:30 a.m., March 19)

Over The Cap: $18,011,818
NFLPA public salary cap report: $15,218,918

The OTC numbers reflect all reported deals even if paperwork is not completely finalized with the league and/or the players’ association. The NFLPA numbers reflect all deals in which paperwork has been finalized and submitted to the players’ association.

Steelers notable contracts (2023 cap hit)

DE T.J. Watt — $29,368,694
DT Cameron Heyward — $22,256,250
WR Diontae Johnson — $16,333,333
OT Chukwuma Okorafor — $13,083,333
OG James Daniels — $11,166,666

Steelers notable moves impacting cap space

  • Released William Jackson III to save $12.19 million in cap space
  • Signed OG Nate Herbig to two-year, $8 million deal
  • Signed DL Larry Ogunjobi to three-year, $28.75 million deal
  • Signed LB Cole Holcomb to three-year, $18 million deal
  • Signed CB Patrick Peterson to two-year, $14 million deal