NFL Expands Salary Cap To $127 million in 2009
The salary cap will be expanded to $127 million in 2009. NFL teams didn’t spend as much as they were supposed to under the collective bargaining agreement the past three years so teams were notified on Wednesday that the salary cap will increase over $4 million from $123 to $127 million for this coming year. The collective bargaining agreement calls for cap adjustments down if teams spend over the cap and adjustment up if they don’t spend up to the cap. Most NFL teams believed they would see a mild increase in the salary cap, but this is bigger than teams expected. Currently the Steelers are around $108,243,000.00 spent against the cap and that would leave them around $18,757,000.00 in cap room.