NEW YORK (AP) – The NFL’s salary cap is going up $10 million to $143.28 million for the 2015 season.
All 32 teams and the players’ union were notified Monday of the increase, the second straight season the cap went up by at least $10 million. Adding in benefits, the league says the projected player costs will be $180.775 million per team.
The NFL’s business year starts March 10, when free agency begins.
The salary cap is determined by a series of NFL revenue streams, with the players receiving 46 percent to 48 percent of those revenues, depending on the year.
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AP NFL website: www.pro32.ap.org and www.twitter.com/AP-NFL
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