Officially, the NFL’s salary cap has risen nearly $100 million per team over five seasons. In 2021, it was $182.5 million. On Thursday, the league and NFLPA agreed to a $279.2 million cap for the 2025 season. This is the quickest increase since the NFL implemented the system in 1994.
According to Green Bay Packers cap analyst Ken Ingalls, the Packers have $45.3 million in cap space available on paper today. This does not include the nearly $6 million that could be cleared with a trade or release of cornerback Jaire Alexander, who is reportedly on the trade block.