NFLPA executive director DeMaurice Smith told reporters at the Combine on Thursday that their current salary cap projection is over $154 million, per Mike Garafolo.
According to Tom Pelissero, the two key factors in the cap spiking were the new Thursday night TV deal and 2015 revenues exceeding projections.
At $154 million, it would be an increase of close to $11 million from their 2015 cap total of $143 million.
The actual salary cap figure won’t be calculated until a few days before the league year, but the NFLPA has been much more reliable than the NFL with their projections.
The salary cap has been on the rise for the past few seasons after remaining flat for the first few years of the current collective bargaining agreement. In the past two years alone, the cap has increased by $10 million annually.
NFL teams are required to spend 89 percent of the their cap and cash spending has to 95 percent of the salary cap limit over a period of four years, or the difference will go to the union who distributes the money between the players.
We’ll have more regarding the 2016 salary cap as the news is available.