Giants Country

NFL Salary Cap Set at $198.2 Million for 2020 League Year

The actual amount falls just slightly under the $200 million estimate. So what does this mean for the Giants' projected cap space?
Patricia Traina|
Kirby Lee-USA TODAY Sports

With the new CBA having been approved--narrowly--by the NFLPA, the NFL has reportedly set its 2020 salary cap at $198.2 million, a $1.8 million difference from what was initially projected.

According to Over the Cap, the Giants have $124,315,316  committed to contracts, but that figure doesn't yet appear to include the deals signed by fullback Eli Penny or linebacker David Mayo, two deals that aren't expected to break the bank.  

Still, using those numbers as a base, the Giants are estimated to have approximately $79.4 million of cap space, which is estimated to be the fifth-most in the league and the most in the NFC East. 

Of that money, the Giants will need about $10 million of functional space for their 2020 draft class. And if they decide to tag defensive lineman Leonard Williams, they'd need at least $12 million, depending on which tag they end up using. 

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Patricia Traina
PATRICIA TRAINA

Patricia Traina has covered the New York Giants for 30+ seasons, and her work has appeared in multiple media outlets, including The Athletic, Forbes, Bleacher Report, and the Sports Illustrated media group. As a credentialed New York Giants press corps member, Patricia has also covered five Super Bowls (three featuring the Giants), the annual NFL draft, and the NFL Scouting Combine. She is the author of The Big 50: The Men and Moments that Made the New York Giants. In addition to her work with New York Giants On SI, Patricia hosts the Locked On Giants podcast. Patricia is also a member of the Pro Football Writers of America and the Football Writers Association of America.

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