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The Pittsburgh Steelers, and the rest of the NFL, have reportedly been told what the 2018-2019 NFL Salary Cap will be. According to Field Yates of ESPN, teams were notified of the number being set a $177.2 million dollars.
Source: NFL teams were just sent a memo indicating that the salary cap for the 2018 league year is $177.2M.
— Field Yates (@FieldYates) March 5, 2018
While not too long ago projections suggested a salary cap could climb as high as $179, or higher, the $177.2 number certainly is a hefty increase from 2017. Last year the cap was set at $168 million, and the near $10 million dollar increase will be extremely beneficial to teams like the Steelers who could use every penny of cap space this offseason.
On the same day the Steelers prepare to use the franchise tag on Le’Veon Bell, the team also finds out the increase in the cap could help pay the $14 million to Bell for his single year of service.
Stay tuned to BTSC for the latest on this story, and others, surrounding the black-and-gold.