NFL Raising Salary Cap 5% to $130 Million

ESPN – The NFL is projected to raise its salary cap to about $130 million, up about 5 percent from $123 million last year, league sources said Thursday.

The $130 million figure is even higher than teams are expecting or had been preparing for and will be welcome news for teams, especially ones like the Dallas Cowboys and New Orleans Saints that are cap-strapped.

Cowboys executive Stephen Jones has said that he wouldn’t make any decisions about players’ futures “til it’s time to get under the cap.”

NFL teams do not need to be compliant with the salary cap until March 11, but some teams have already started cutting players to create cap savings, like the Detroit Lions did last week in cutting Louis Delmas and Nate Burleson and the Saints with Will Smith, Roman Harper and Jabari Greer.

Every GM today in the NFL….

   

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