Still no word on where the final number for the 2021 NFL salary cap will be, but there is good news for those hoping the Bills would get some more room to work.
The NFL sent a memo out to teams which stated that the previously agreed upon salary cap floor with the players’ association will increase from $175 million to $180M.
Due to the ongoing coronavirus pandemic causing financial strain on the league last year, the two sides decided on the first cap floor which guaranteed that the 2021 salary cap would not go below that number. Now, an increase.
With COVID-19 keeping fans away from stadiums in 2020, that number all important number for both teams and players dropped. In 2020, the salary cap was set at $198.2M and has traditionally increased each year.
While the NFL has yet to announce where that exact number for the upcoming salary cap will land, we now know it will be at least $180M. Reports earlier this month suggested that some front offices in the league believed that it would fall somewhere between $180-185M and the final number might not be passed down until just before free agency. That begins on March 15 with the tampering period before free agency official begins on March 17.
While this update does mean Buffalo general manager Brandon Beane now knows he has a guaranteed $5M more to work with in terms of re-signing some of his team’s free agents… that also means every other club in the NFL does as well. Some of the Bills’ top pending free agents include linebacker Matt Milano and offensive lineman Daryl Williams.
If the final number on the cap does stick at $180M, the Bills would be over it, but only slightly by $1M or so. Regardless, even if Buffalo was slightly over it, Beane would have to move some contracts in order to make addition room to re-sign players and add others.
Stay tuned to Bills Wire for all 2021 NFL free agency and salary cap updates.
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