3. The LA Chargers have the least dead money in the league
The Chargers will enter 2021 free agency with just $58k of dead money. That’s last in the league in that regard, which is a good thing obviously. Dead money is unusable cap room that teams might develop from the trades or releases of certain players.
Compare that situation to the other team in the City of Angels. The Rams will have over $30 million in dead cap combined from the Jared Goff trade and release of Todd Gurley. If a free agent wants to come to Los Angeles, the Rams likely aren’t an option unless they do some serious cap reconstruction with their top players. That’s a great market advantage to have for the Chargers.
18 teams in the league currently sit with over $1 million dollars in unusable cap room. It may not seem like a lot of money, but it all adds up when making free agent decisions. $1-2 million in dead cap might be the difference between keeping or cutting a player in some situations.
Some of the teams who have similarly good dead cap situations lack in other ways too. The Saints have just $200k in dead cap room, but they’re also currently $100 million dollars over the cap. Yikes.