The NFL announced on on Tuesday that the salary cap is expected to rise again in 2019. This time the leap could be anywhere between $10 million and $15 million per team. The current salary cap, set at the beginning of the league year in March, was $177.2 million.
“The NFL informed clubs today that the projections for the 2019 salary cap are in the range of $187.0 million to $191.1 million,” the league said in a statement. “This marks a 40% increase in just five years since the 2014 season ($133.0 million) and would be the 6th consecutive year the cap is projected to climb more than $10 million per club year over year. Total projected player costs, including benefits, will be more than $7.3 billion in 2019.”
For the New York Football Giants, like most teams, this is especially good news. They will already be carrying a little over $8 million in cap space into 2019.
According to Spotrac.com, the Giants will be working with a minimum of $195 million in cap allowance with a total cap of $162 million. That leaves approximately $33 million in cap space to sign free agents with.