TAMPA, Fla. -- Now that the confetti has settled on the Tampa Bay Buccaneers' Super Bowl LV win, the work begins on positioning themselves for a possible repeat in 2021 with more clarity emerging on the league’s financial state for the new year.
The NFL announced Thursday that the salary-cap floor will be $180 million in 2021, up from $175 million in 2020. The salary-cap ceiling has not been finalized yet, but for reference, the cap was set at $198.2 million in 2020, and with new TV deals on the horizon, NFL owners appear more inclined to borrow from future years versus risking a major drop in the cap, which would impact free agency significantly.