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 NFL has notified clubs that the salary cap for 2014 will be $133 million.
— Albert Breer (@AlbertBreer) February 28, 2014
So the cap, at $133.0 million, is $9.4 million over what it was in '13. And I'm told it's projected to rise by more than $10 million in '15.
— Albert Breer (@AlbertBreer) February 28, 2014
Salary cap projected to rise to about $133 million this year, expected to break $140 million next year and $150 million by 2016, per source
— Adam Schefter (@AdamSchefter) February 28, 2014
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.