By Adam Schefter | ESPN
The NFL is projected to raise its salary cap to about $130 million, up about 5 percent from $123 million last year, league sources said Thursday.
The $130 million figure is even higher than teams are expecting or had been preparing for and will be welcome news for teams, especially ones like the Dallas Cowboys and New Orleans Saints that are cap-strapped.
Cowboys executive Stephen Jones has said that he wouldn't make any decisions about players' futures "til it's time to get under the cap."
NFL teams do not need to be compliant with the salary cap until March 11, but some teams have already started cutting players to create cap savings, like the Detroit Lions did last week in cutting Louis Delmas and Nate Burleson and the Saints with Will Smith, Roman Harper and Jabari Greer.
The Steelers are 8.9 million over the limit but this rise should bring it down to about 2 million. I just hope this isn't a curse in disguise as they might consider keeping Ike for another year. They really need to let him go he's been a liability for some time now.
Here's a table of all 32 cap numbers. http://www.spotrac.com/cap-tracker/nfl/
That is certainly good news though I don't understand where the 2 million figure comes from. This amount is about 4 million higher than what was expected and the Steelers were expected to be about 12-13 over that amount so it would seem the increase would drop them to about 8.9 over and the link provided seems to verify that. The eventual release of Levi Brown will wind up saving a lot of that space (about 5.83 million). so that takes them down to around 3 million which isn't a bad position to be in.
