Here’s some good news: the NFL issued a memo to teams on Thursday notifying them that the 2021 salary cap will be no lower than $180 million, following talks with the players union and continued audits of 2020 revenue. This was an expected update following earlier reports, but it’s still good to see some optimism ahead of free agency.
Previously, the NFL and the players union had agreed that this year’s salary cap would be no lower than $175 million in light of financial losses during the coronavirus pandemic, which limited stadium attendance throughout the 2020 season.