The New England Patriots, Green Bay Packers, New York Giants, Pittsburgh Steelers and New Orleans Saints have been the smartest spenders in the NFL over the past five seasons, according to a study by Bloomberg.

Bloomberg calculates how much teams spent per win and added bonuses for playoffs wins and championships.

1. New England Patriots
2. Green Bay Packers
3. New York Giants
4. Pittsburgh Steelers
5. New Orleans Saints
6. Baltimore Ravens
7. Indianapolis Colts
8. San Diego Chargers
9. Atlanta Falcons
10. Philadelphia Eagles
11. Arizona Cardinals
12. Tennessee Titans 
13. New York Jets
14. Dallas Cowboys
15. Tampa Bay Buccaneers
16. Chicago Bears
17. Jacksonville Jaguars
18. San Francisco 49ers
19. Houston Texans
20. Minnesota Vikings
21. Denver Broncos
22. Cincinnati Bengals
23. Seattle Seahawks
24. Carolina Panthers
25. Kansas City Chiefs
26. Miami Dolphins
27. Buffalo Bills
28. Cleveland Browns
29. Washington Redskins
30. Oakland Raiders
31. Detroit Lions
32. St. Louis Rams