NFL sets salary cap at $130 million

USA TODAY Sports

Per Adam Schefter, the NFL has set the salary cap at $130 million, which is a great help to teams who had less elbow room to work with, like the Hawks.

According to Adam Schefter, the league-wide salary cap will be set at $130 million, a 5% increase over last year and significantly higher than the $126 million estimate that was most commonly reported during the offseason. While it's "only" a few million, it is a great help to those teams that were pushing the salary cap hard, the Seattle Seahawks included. Per Over The Cap, the Hawks are now $2.8 million under the cap for 2014, which includes an adjustment for our cap rollover.

As our dauntless cap guys have been pointing out for a while now, the Seahawks cap is not nearly as dire as it looks on paper. There is "easy money" to be freed up by cutting players (or re-negotiating their contracts), some more expendable than others. Cutting Sidney Rice, Chris Clemons, Red Bryant and Zach Miller would lead to cap savings of $7.3 million, $7.5 million, $5.5 million and $5 million. If we cut all four (which seems a little unlikely, but possible), that would increase the cap space by $25.3 million, to $28.1 million in total, and also creates significant gains in future cap space (Rice counts for $9 million towards the 2015 cap, Miller and Bryant as $5 million each). Even with extending several players we're unlikely to need that much this year.

Teams do not need to be compliant with the salary cap until March 11, when the top 51 salaries on your roster count towards the cap.

Read Davis Hsu's excellent salary cap projection here, just imagine we have $2 million more than he anticipated.

X
Log In Sign Up

forgot?
Log In Sign Up

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior users will need to choose a permanent username, along with a new password.

Your username will be used to login to SB Nation going forward.

I already have a Vox Media account!

Verify Vox Media account

Please login to your Vox Media account. This account will be linked to your previously existing Eater account.

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior MT authors will need to choose a new username and password.

Your username will be used to login to SB Nation going forward.

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.

Join Field Gulls

You must be a member of Field Gulls to participate.

We have our own Community Guidelines at Field Gulls. You should read them.

Join Field Gulls

You must be a member of Field Gulls to participate.

We have our own Community Guidelines at Field Gulls. You should read them.

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.

tracking_pixel_9341_tracker