According to Pro Football Talk's Mike Florio's most recent numbers, the New York Jets are currently in the middle of the pack. According to Florio, they are $7.6 million under the salary cap right now, which ties them with the Redskins and places them ahead of teams like the Steelers, Chargers and division rival Miami Dolphins, but behind the Broncos, Colts and AFC East rivals the New England Patriots.
The Jets haven't been very active in free agency this year. They have only signed a few players after they re-signed a couple of their own guys, including Nick Folk and Bryan Thomas. The players that they've brought in include LaRon Landry, Chaz Schilens and Drew Stanton.