The NFL new league year is scheduled to begin at 4:01 PM on March 17, roughly a month and a half away at this point. According to Clark Hunt, the owner of the Kansas City Chiefs and the chairman of the league’s finance committee, it’s possible that teams won’t know what the salary cap will be for the 2021 season until just hours beforehand.
“There are so many uncertainties as we look at the 2021 season, which of course is now seven or eight months away, that answering those questions is very challenging”, Mike Florio of Pro Football Talk quotes Hunt via a Sports Business Journal article from Ben Fischer.