NFL sets 2025 salary cap at record $279.2 million per team
By: ESPNNFL teams were informed Thursday that the 2025 salary cap has been set at a record $279.2 million per team, league spokesperson Brian McCarthy announced.
It's an increase of $23.8 million per team. Last year's salary cap was $255.4 million per team.
McCarthy also announced that the limit on projected player costs, including benefits, is set at $362.48 million.
The salary cap is calculated annually based on a collectively bargained formula tied to league revenues, which have increased in recent years because of new media rights deals.
The NFL's franchise tag deadline is Monday at 4 p.m. ET, and the free agent negotiating period begins March 10 at noon ET.
The NFL's new league year will open at 4 p.m. ET on March 12.
