The wait is over. The NFL has set the salary cap for the 2021 season. According to multiple reports, NFL franchises have been informed that this year’s salary cap will be $182.5 million.
That is a steep decrease from last season, which was $198.2 million.
The coronavirus pandemic kept fans out of stadiums for much of the year and even when there were fans allowed, it was severely limited.
Initially. the league and the NFLPA negotiated a salary cap minimum of $175 million. The league then announced that this year’s cap would be no less than $180 million. The final number is $182.5 million.
That extra $2.5 million is not a significant jump but it could mean teams adding one more quality player over a league-minimum contract.
For the Arizona Cardinals, they now have an estimated $14.6 million in cap space to use in free agency.
Even with the official number, there are 10 teams currently over the cap who will have to trim salary and redo contracts to get below the cap by next Wednesday afternoon when the new league year begins.
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