The Chicago Bears, Jacksonville Jaguars, Los Angeles Rams, New York Giants, Oakland Raiders, San Francisco 49ers and Tampa Bay Buccaneers have the most cap flexibility in the NFL heading into the offseason.

The New Orleans Saints are on their own as having the least amount of cap flexibility.

On the above average spectrum are the Atlanta Falcons, Cincinnati Bengals, Cleveland Browns, Detroit Lions, Houston Texans, Kansas City Chiefs, Minnesota Vikings, San Diego Chargers and Tennessee Titans.

The Oakland Raiders have re-signed Nate Allen two days after cutting him.

Allen, who signed a four-year, $23 million free-agent contract last spring, would have been guaranteed a $4.9 million salary for the 2016 season if he were still on the Raiders roster on Wednesday.

Originally a second-round draft pick of the Philadelphia Eagles out of South Florida in 2010, Allen appeared in just five games last season, starting three, after tearing an MCL in the first quarter of the Raiders' season-opening loss to the Cincinnati Bengals.

The Oakland Raiders have agreed to a one-year lease to continue playing at the O.co Coliseum.

The Raiders attempted to move to Carson with the Chargers, but the NFL chose relocation for the Rams to Inglewood.

The Raiders are trying to build a new stadium in Oakland.

The New England Patriots are the favorites to win the 2016 Super Bowl at 9-1.

The Patriots lost to the Denver Broncos in the AFC Championship Game, while the team with the second best odds, the Carolina Panthers, lost to the Broncos in the Super Bowl.

The Broncos have the ninth best odds at 18-1.

New England -- 9-1
Carolina -- 10-1
Seattle -- 11-1
Green Bay -- 12-1
Pittsburgh -- 12-1
Arizona -- 15-1
Cincinnati -- 15-1
Indianapolis -- 15-1
Denver -- 18-1
Dallas -- 24-1
Kansas City -- 25-1
Minnesota -- 25-1
Philadelphia -- 35-1
Baltimore -- 38-1
Giants -- 42-1
Jets -- 42-1
Buffalo -- 45-1
Houston -- 45-1
Atlanta -- 50-1
LA Rams -- 50-1
Washington -- 50-1
Miami -- 60-1
Detroit -- 60-1
Oakland -- 60-1
Chicago -- 65-1
New Orleans -- 65-1
San Diego -- 75-1
Jacksonville -- 85-1
San Francisco -- 110-1
Tampa Bay -- 110-1
Cleveland -- 200-1
Tennessee -- 220-1

Mark Davis said Monday that his team is negotiating a one-year lease extension with the O.co Coliseum in Oakland, California, and expects his team will remain in the city for the 2016 season.

"As of today, right now we are in the process of trying to negotiate a one-year extension at the Oakland Coliseum to play the 2016 season there," Davis said in an interview with the San Jose Mercury News' Tim Kawakami for his "TK Show" podcast. "And after we get that done, we'll sit down and try to figure out where the future of the Raiders lies."

Davis said the Raiders remaining in their current situation for 2016 is "not desirable" but "in life, you have to do things that make sense, and this absolutely makes sense."