With players voting to approve the proposed Collective Bargaining Agreement, the NFL is starting to move forward with its business for the 2020 season. The league released the salary cap amount for the upcoming season, which will be $198.2 million.
The NFL Management Council just informed team officials the salary cap will be $198.2 million per club in 2020, per sources.
— Tom Pelissero (@TomPelissero) March 15, 2020
The offiical number is slightly lower than what most were projecting, which was about $200 million, but still around what was projected.
For the Carolina Panthers, according to Spotrac, they have an estimated cap of $207.2 million (the Panthers are rolling over approximately $9 million from 2019 cap), the team will be sitting with about $33 million after removing Dontari Poe’s option.
They currently have three players with cap hits of more than $10 million for 2020: QB Cam Newton ($21.1 million), DL Kawann Short ($20.314 million) and OT Russell Okung ($13,031,250), with 54 players under contract.