Soon after it was announced that the NFLPA voted by a narrow margin to approve the collective bargaining agreement that leads to labor peace through 2030, the NFL set the salary cap for the 2020 league year at $198.2 million. The 2019 salary cap was set at $188.2 million, so the initial bump is not exactly massive.
Most analysts were anticipating a 2020 salary cap of around $200 million, so this doesn’t change things that much for teams. Per OverTheCap.com, the Dolphins, Colts, Bills, Buccaneers, and Giants have the most cap room heading into the new league year. Miami now has about $85 million to play with. The Steelers, Falcons, Saints, Bears, and Chiefs have the lowest amount of salary cap space, with Pittsburgh coming in right around ground zero. OverTheCap’s $200 million estimate had the Steelers with $1,580,975 in remaining cap space, which is obviously out of the picture now.
The new league year is scheduled to begin at 4:00 p.m. EST on Wednesday, March 18, but it is unknown at this time how the coronavirus epidemic will affect that schedule.
