The NFL’s salary cap will rise by as much as $10 million for the 2016 season, reports ESPN’s Adam Schefter.
The current cap sits at $143.28 million. Schefter reports the league informed team executives at owners meetings this week that the 2016 cap is projected to be between $150-153.4 million.
The cap has jumped around $10 million the last few years, from $123 million in 2013 to $133 in 2014 to the current number.
The projected number serves as a maximum baseline for spending. Since 2011, the NFL has allowed teams to carry over cap space from one season to the next, allowing for an adjusted cap number in those instances so long as the team declares the amount of room they have before the end of the regular season.
- Jeremy Woo