NFL sets 2014 salary cap at $133 million, $150 million expected by 2016

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January 25, 2014; Honolulu, HI, USA; General view of the NFL shield logo at midfield during the 2014 Pro Bowl Ohana Day at Aloha Stadium. Mandatory Credit: Kirby Lee-USA TODAY Sports
January 25, 2014; Honolulu, HI, USA; General view of the NFL shield logo at midfield during the 2014 Pro Bowl Ohana Day at Aloha Stadium. Mandatory Credit: Kirby Lee-USA TODAY Sports /

The NFL announced that the salary cap for 2014 will rise to $133 million dollars according to Albert Breer. The figure is announced on a busy Friday afternoon that saw a number of players given the franchise tag and even more players given their release.

The soaring salary cap naturally will benefit some teams more than others with the Dallas Cowboys and Washington Redskins two teams immediately coming to mind who have owners who haven’t been afraid to spend lavishly on free agents in the past.

The rising cap figures only solidifies what we already anticipated and that this year’s free agency will be a frenetic period with some big dollars being thrown at some big players as teams open up their vault to bring in the player they believe could be the difference in making the playoffs and making a deep postseason run.

NFL free agency is scheduled to begin March 11.