NFL salary cap set at $155.27 million for 2016, per report

[Da-news-now]

The Packers have nearly $22 million in available cap space.

After considerable speculation, the NFL and NFLPA have finalized a pre-adjusted salary cap of $155.27 million for the 2016 season, USA Today's Tom Pelissero reports.

Many expected the NFL's salary cap to make a sizeable jump in 2016, and they weren't disappointed. The cap increased by approximately $12 million from last year, the second double-digit increase in as many seasons. The leap aids the less cap-savvy teams get their books in order.


Because the new collective bargaining agreement allows teams to carry over cap space from previous seasons, the Green Bay Packers now have plenty of financial flexibility as free agency approaches. Even after signing defensive tackle Letroy Guion to a three-year, $11.25 million deal, the general manager Ted Thompson and his front office have nearly $22 million in available funds according to OverTheCap.com's figures. That means Green Bay shouldn't have any issues keeping the players they want. The team can also dip into free agency if it so chooses.

[BCOLOR=#FFC20E]Jason B. Hirschhorn covers the Green Bay Packers for Acme Packing Company. He also serves as an NFL writer for SB Nation and Sports on Earth and is a member of the Pro Football Writers of America.
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[salmar80]

Overthecap.com says $22,135,614. Sounds like a LOT.

But 19 teams have more. Jags have 80M, Raiders almost 75M. Bears, Giants, Rams, 49ers, Titans and Bucs have about 50-60M.

 

[Nutbush]

A lot of money out there will jack up the free agent market. Great year for FAs not a good one for the Packers. We have some good players whos contracts are up this year.

 

[GBP4EVER]

Also have to figure 3-4 million will likley go to Crosby and 3-4 million on draft picks so you are looking at 6-8 million right there meaning you will have 14-16 million to spend on other FA's Not really a ton. If Ted brings back his own guys like he usually does you probably then look at another 6-7 million spent there so you might be left with 7-10 million in cap space. That's right around the number Ted usually likes to carry over into the season so by looking at the numbers it would tell you that no Ted won't go out and sign any first or second tier FA.