NFL Commissioner Roger Goodell addresses the media during the Host Committee Handoff Press Conference at the Ernest N. Morial Convention Center on February 10, 2025 in New Orleans, Louisiana. (Photo by Michael DeMocker / GETTY IMAGES NORTH AMERICA / Getty Images via AFP)
New York: NFL team salary caps for the 2025 season have been projected by the league at $277.5 million to $281.5 million, a huge hike for each club according to multiple reports on Wednesday.
A league memo to each team said no exact figure has been established but the range outlined in a memo to all clubs and seen by ESPN and the NFL Network showed a range well above the $265 million to $275 million each team had been budgeting for payrolls last December.
The cap escalation, a sign of major growth on the business side of the NFL, would be at least a $22.1 million boost from last season's salary cap of $255.4 million per club coming off a record jump from $224.8 million in 2023.
On the high side, that would amount to a $26.1 million increase per team.
That means a hike of more than $53 million over the past two years and a boost by at least $100 million since 2018.
The NFL's annual salary cap is tied to league revenues through a formula agreed upon with the NFL Players Association as part of their collective bargaining agreement.
A final cap number is expected to be settled next week ahead of the March 12 start of the new league year and free agency.
