The National Football League announced today that they will be raising the salary cap next season by approximately $8 million from $188.2 million to a range between $196.8 million to $201.2 million.
The NFL informed clubs today that projections for the 2020 salary cap are in the range of $196.8 million to $201.2 million. This marks a 40% increase from five years ago in the 2015 season ($143.3 million).
— Ian Rapoport (@RapSheet) December 10, 2019
That is good news to team who will find themselves “cap-strapped” next season. The Giants are not one of those teams.
The Giants are currently about $2 million under the cap but are expected to be approximately $63 million plus whatever increase the league grants and any other housekeeping they might do on top of their expiring contracts.