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NFL Has Reportedly Informed Teams About The Salary Cap

The NFL logo in the middle of Metlife Stadium.

EAST RUTHERFORD, NJ - JANUARY 08: A detail of the official National Football League NFL logo is seen painted on the turf as the New York Giants host the Atlanta Falcons during their NFC Wild Card Playoff game at MetLife Stadium on January 8, 2012 in East Rutherford, New Jersey. (Photo by Nick Laham/Getty Images)

Prior to the start of the 2020 season, the NFL announced that its salary cap for the following year would have a floor of $175 million. Luckily for every general manager, that number is actually going to be a bit higher than originally expected.

ESPN insider Adam Schefter announced today that the minimum salary cap for 2021 will be $180 million.

"Following discussions with the union that addressed both actual 2020 revenues and projected attendance for the 2021 season, we have agreed to to increase the minimum Salary Cap for the 2021 League Year to $180 million," Jeffrey Pash and Joe Siclare said in a statement.

It's actually possible this number goes up in the very near future, which is great news for literally all 32 teams.

"This is not the final Salary Cap for the 2021 League Year, which will be set following the review of final 2020 revenue figures and other audit and accounting adjustments. This agreement simply increases the minimum 2021 Salary Cap by $5 million per club, from $175 million to $180 million."

The biggest winners from today's announcement are the Falcons, Eagles, Rams and Saints. All four of those teams are way over the projected salary cap, so any extra spending money would help them at this time.

New Orleans has a long way to go since it's currently $65 million over the cap, but general manager Mickey Loomis has proven in the past that he's a magician when it comes to freeing up cap space.

A final update on the salary cap for the 2021 season will be available in the near future.