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| 2008 NFL Salary Cap Figures |
| March 26, 2008 |
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For the sake of this installment, we have designated teams that are less than
$5M under the cap in RED. These are teams that have little money to sign free agents and may need to make cuts or restructure salaries in order to sign all of their draft picks.
Teams in BLACK, which are between $5M and $20M under the cap, are teams that look to be in pretty good shape in terms of adding more veterans and signing all of their rookies without having to take drastic measures. Teams in GREEN are teams that are well under the cap and should have plenty of room to sign free agents and rookies.
With the latest extension to the CBA, the 2008 salary cap is $116,729,000 which represents a nice increase over last year's $109 M figure. (Note that the cap was "just" $85.5 M in 2005, the final season prior to the CBA's extension and $102 M in 2006 after the CBA extension.) The $116,729,000 figure is a shade over the original $116 M estimate, but well short of the NFLPA' $123 M contention earlier this year.
Keep in mind that these numbers remain tentative -- and are changing on a daily basis. These
"unofficial" figures are approximate as of March 15, 2008 and were compiled courtesy of the NFLPA and other various media sources. These numbers include the cap adjustements for LTBE incentives that were never achieved last season and have been credited against the 2008 cap. Note that the teams that appear to be over the cap had pending contracts in the works at the time of this complilation that would likely have freed the necessary cap space. After all, we know that the league would not allow a team to sign a player to a contract that would put them over the salary cap!
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