The 2024 NFL offseason is set to be crucial for the Detroit Lions, who are aiming for their first Super Bowl appearance in franchise history by 2025. Although they fell short this season, the Lions possess an impressive $46.7 million in cap space, ranking ninth in the league. The salary cap is projected to increase to approximately $272.5 million, allowing teams to make significant upgrades. General manager Brad Holmes faces the challenge of managing hefty contracts starting in 2025, including those of Jared Goff, Taylor Decker, and Amon-Ra St. Brown, which requires strategic spending in free agency.

Holmes must navigate a landscape where the New England Patriots lead with over $120 million in available funds for new head coach Mike Vrabel. The Lions have accumulated $252 million in total cap liabilities for the upcoming season, with key players like Goff and Decker commanding high figures. The team must balance immediate roster improvements while planning for the financial implications of their contracts in the next two seasons.