The NFL has sent a memo to teams notifying them that the 2021 salary cap floor has been raised from the original mark of $175 million to $180 million.
Of course, the reduction in the salary cap is a result of lost revenue due to the COVID-19 pandemic. The 2020 salary cap stood at $198.2 million, so there stands to be a significant decrease for the coming campaign.
Earlier this month, ESPN’s Adam Schefter reported that the belief is the final salary cap figure is set to be somewhere between $180 to $181 million, and noted the decision will be coming down next month.
NFL informed teams today the salary cap this season will be a minimum of $180 million.
— Adam Schefter (@AdamSchefter) February 18, 2021
What it means for the Tennessee Titans
According to Over the Cap, the Titans would be $2.1 million over the salary cap if the final number rests at $180.5 million. Obviously that still isn’t great, but it could have been worse if the cap landed at the original floor.
With big needs to address on both sides of the ball in free agency, general manager Jon Robinson will have to work some magic with cuts and quite possibly restructures in order to free up cap space to get the job done.
During a press conference on Tuesday, Robinson said the Titans have looked at different models for what could happen, so the team seems to be preparing for anything.
Our own John Lowell listed seven players who could get the axe this offseason to free up money. You can check that article out below.
