How much cap space do NY Jets have after C.J. Uzomah release?

The NY Jets made their second cut of the offseason on Tuesday, parting ways with veteran tight end C.J. Uzomah. The move hasn't been made official just yet, but the Jets will save over $5 million in cap space once it does.

This comes a few days after the Jets officially released starting left guard Laken Tomlinson. The Tomlinson release freed up over $8 million in cap space as the Jets continue to create savings ahead of a crucial offseason for the team.

The Jets will need all the resources they can get to ensure they're in the best position to compete for not only the playoffs but the Super Bowl in 2024. The return of Aaron Rodgers will help, but there are a number of key roster holes that need fixing.

But how much money will the Jets have to address needs in free agency? How much cap space do they have now after the Uzomah release?

How much cap space do the NY Jets have?

The Jets will have $26,627,021 in cap space once the Uzomah release becomes official, per Over the Cap. That figure ranks 17th among all NFL teams in cap space at the moment.

The Tomlinson and Uzomah releases are a good start for the Jets, but there is still work to be done. In theory, the Jets could create as much as $80 million in cap space through simple restructures, but that's unlikely to happen.

The Jets will still orchestrate their fair share of restructures, however. Players like John Franklin-Myers, C.J. Mosley, Quinnen Williams, and D.J. Reed are obvious restructure candidates. The Jets could also explore extensions for players like Reed and Tyler Conklin as a way to reduce their 2024 cap hits.

The expected Zach Wilson trade will also free up a little over $5 million in cap space for the Jets. However, if they are unable to find a trade partner, the Jets will be on the hook for his entire $11.2 million salary in 2024.

As far as future cuts are concerned, Uzomah was the only obvious one. The Tomlinson release came as a bit of a surprise, but it wasn't necessarily shocking. The only other cuts that could make a degree of sense are Franklin-Myers and Mosley, although it would be surprising if the Jets moved on from either player.

The Jets will likely come close to doubling their current cap space in the coming days with restructures, but Uzomah is likely their final roster cut before free agency begins next week.