Jason Cole of B/R reports that NFL general managers and cap executives have been told to expect the 2016 salary cap to be between $147 million to $155 million.
The 2015 salary cap was set at $143,280,000, so a $155 million limit would represent an increase of 7.56 percent.
The salary cap has been on the rise for the past few seasons after remaining flat for the first few years of the latest collective bargaining agreement. In the past two years alone, the cap has increased by $10 million annually.
It’s worth mentioning that the NFL has been less reliable than the NFLPA in projecting the future cap figures, so there’s at least a chance the 2016 cap could settle even higher than this estimate.
NFL teams are required to spend 89 percent of the their cap and cash spending has to 95 percent of the salary cap limit, 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.