Salary Cap is Increasing by $10 Million
The Green Bay Packers — and every NFL team — will have more money to spend this offseason.
The salary cap will be set at $143.28 million for 2015, a bump of a little more than $10 million from the 2014 number of $133 million. That gives the Packers a just over $30 million in spending cash, which is the eighth-highest total in the league.
Free agent spending spree, right?
Come on. You know better.
We know the Packers are high on re-signing at least three of their own guys — receiver Randall Cobb, tackle Bryan Bulaga and defensive tackle Letroy Guion.
Those deals, should they get done, will take up half of that $30 million right there. Possibly more.
What’s left will go to bargain signings, most likely of their own free agents, and the remainder will get stashed away for either future contract extensions or to be rolled over to next season.
Ted Thompson could surprise, of course, but there’s no reason to expect a deviation from the formula at this point.