Nov 24, 2013; Detroit, MI, USA; A detailed view of the pylon with the military tribute logo during the game between the Detroit Lions and the Tampa Bay Buccaneers at Ford Field. Mandatory Credit: Tim Fuller-USA TODAY Sports

Report: NFL to Increase Salary Cap to $130 Million for 2014 Season

The Tampa Bay Buccaneers, along with every other NFL franchise, will have a few more dollars to work with under the salary cap this offseason, if an ESPN report is correct.

According to Adam Schefter, a league source informed him that the salary cap would increase to $130 million, which is a bigger leap than teams were expecting. Sports contracts website Spotrac was projecting a salary cap figure just over 126 million, so the league is pushing the cap up by around four million over the expected increase.

This will mean the Buccaneers should have a healthier cap figure than many expected heading into 2014, as projections of “10-12 million” now become “14-16 million.”

This change to the salary cap will likely lead to higher contract figures than last season for key free agents, who received some surprisingly low dollar amounts when signing with new teams last year. So if Jason Licht intends to find value in free agency, he’ll have to look a bit harder now that the big spenders of the league have more money in their pockets.

But this also means Licht will have more ammunition than previously thought, and could lead to a deeper roster than he was expected while planning for free agency.

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