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On Monday morning, the NFL announced that the minimum salary cap floor in 2021 is being raised from $175 million to $180 million. The news comes as a welcomed sight to many teams who are already struggling with the idea of making the cap work in a year where their spending power is not going up for the first time in a long while.
For teams like the Rams and Saints who are well above the expected cap next year, this news helps, but only so much. For teams like the Chargers, who were already sitting in a good spot, this will obviously lead to an increased opportunity to sign some impact players in free agency while also helping to take care of the team’s in-house free agents that need to be inked.
There’s still room to expand on the optimism of this news as the $180 million is simply the “minimum”, not the final number that teams will have to work with. With a number of television contracts having yet to be finalized, that final could very well continue to climb.
So in this case, I’d say more money is definitely going to lead to less problems for the Bolts in 2021.
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— Adam Schefter (@AdamSchefter) February 18, 2021