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NFL informed teams today the salary cap this season will be a minimum of $180 million.
— Adam Schefter (@AdamSchefter) February 18, 2021
The NFL continues to work out the finer details of the salary cap moving forward for the 2021 season. With free agency less than a month away, Adam Schefter has reported that the cap floor will be set at $180 million, though there is still wiggle room for that to increase pending a full accounting review of largely fan-less season that just wrapped up.
The memo in it’s entirety:
It took a pandemic to burst the ever-expanding bubble that was the salary cap’s growth. From 2013 on, it had risen at least $10 million a year before Covid-19 got hold of the world and threw everything into flux. Still, where does that leave the Dallas Cowboys?
Compared to some teams, 12 of which are currently over the cap, the Cowboys are sitting pretty. They currently rank No. 12 in terms of space in which to maneuver, the second-most in the NFC East.
Dallas has approximately $19 million in room according to Over the Cap. The Washington Football leads the division with just under $38 million (No. 5 overall). New York has just under $500,000 (No. 20) and the Eagles are around $47 million over the cap (No. 31).
Any increase going forward helps with the franchise tag of quarterback Dak Prescott hanging overhead again as the team enters its third offseason of negotiation.