The good news is that the salary cap is increasing going into the 2025 year. The bad news is that the Atlanta Falcons are still over the cap with the projected range ($277.5M to $281.5M).
Sites like OverTheCap were already operating under the assumption of a 272.5M salary cap, so today's news isn't a big surprise, and it doesn’t mean the Falcons are now in a vastly different situation than the one described yesterday in my offseason asset value breakdown.
While Atlanta is still in the red, getting out of it will only take one move compared to multiple, but the team will still have to pull more levers to be active in free agency.