The NFL salary cap split the difference on the projected figure.
The NFL and NFLPA have agreed to a 2025 salary cap of $279.2 million per club, NFL Network Insider Tom Pelissero reported Thursday, per sources informed of the decision.
Last week, the league projected the cap to land between $277.5 million and $281.5 million.
The $279.2 million cap number represents a $23.8 million leap from last year's $255.4 million figure and is the latest record high in an ever-booming business.
The escalation of the cap represents more than $100 million than what it sat at in 2018 ($177 million) and nearly $200 million more than it was in 2005 ($85.5 million). Only a brief COVID-induced downtick in 2021 has been able to slow the NFL machine.
NFL vice president of communications Brian McCarthy noted that the total projected player costs, including benefits, are slotted at $362.48 million (approximately $11.599 billion for the 32 clubs combined).
Now NFL clubs know exactly how much money -- or how little -- they'll have to play with when the new league year begins on March 12.
