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Jets near top of NFL in free-agent spending

New York Jets Owner Woody Johnson (center) presents

New York Jets Owner Woody Johnson (center) presents new general manager Mike Maccagnan (right) and new head coach Todd Bowles (left) in Florham Park, N.J. on Jan. 21, 2015. Credit: Andrew Theodorakis

PHOENIX, Ariz. - The Jets are making up for lost time in free agency.

According to figures released Tuesday by the NFL Players Association, the Jets, Raiders, Jaguars and Patriots, who combined to spend the least actual dollars under the salary cap from 2013-14, have now combined to spend the most so far this offseason.

According to the NFL's collective bargaining agreement, teams must spend an average of 89 percent of actual salary-cap dollars from 2013-2016. The Raiders (80.2 percent), Jets (81 percent), Jaguars (82.2 percent) and Patriots (83 percent) had spent the least amount of dollars in 2013-14.

But those four teams have spent 30 percent of the guaranteed money doled out in free agency so far this offseason and have accounted for 27 percent of the total value of contracts, as well as 24 percent of first-year cash on those contracts.

Per the union, 97 unrestricted free agents have signed with new teams for a total value of $1.41 billion, including $644 million in guaranteed salary. And 56 free agents have re-signed with their own teams for a total of $389.3 million and $144.4 million in guaranteed salary.

The Jets have signed several unrestricted free agents, including cornerbacks Darrelle Revis, Buster Skrine and Antonio Cromartie. They have also re-signed linebacker David Harris and running back Bilal Powell.

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