NFL free agency: 4 takeaways before signings are official

Many NFL teams are waiting to see what happens

The cap number was hindered significantly due to the Coronavirus pandemic and that has caused many teams to struggle to get cap space. This situation will cause many across the NFL to stand pat and not sign any free agents at all or it could also lead to a waiting game. Extending offers to free agents is nothing new as teams try to lure players onto their team. The cap situation has not allowed for many across the league to garner tons of cap space to spend besides a few franchises.

For the most part, teams are struggling to find a way to get enough money to negotiate and sign those entering the free agency waters. The wait and see approach will be a strategy many NFL teams having cap issues will implement going forward.

Waiting it out might not be an exciting option as fans want to see players signed immediately but waiting can lead to great results. Bargain hunting is not always the worst situation to be in as some of these big-name free agents will not work out with these new squads. Signing a player to a cheaper and shorter-term deal will make it easier for a team to adjust expectations and cut bait if that free agent does not gel with the new team. This approach usually leads to some amazing deals as free agency across the NFL plays out.