NFL informs teams that 2021 salary cap is set at $182.5 million, down over $15 million from 2020

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By , Audacy

We all knew that the NFL salary cap was going to take a hit for the 2021 season, and that idea became set in stone on Wednesday morning after negotiations between the league and the union.

According to a memo sent to teams by the NFL, the 2021 salary cap has been set at $182.5 million, down around $16 million from last year's figure of $198.2 million. As a result, franchise tags and transition tags were also determined, which affects names like Allen Robinson, Chris Godwin, Marcus Maye and more who were tagged at Tuesday's deadline.

NFL Network's Tom Pelissero added that teams will not be allowed to borrow cap room from future years to help them fit under the 2021 cap, much to the chagrin of teams like the Philadelphia Eagles and New Orleans Saints, whose cap struggles are apparent.

However, carryover from past seasons will up the cap number for every team by varying amounts, according to Spotrac.

With these numbers, according to Spotrac, the Jaguars, Patriots and Jets all have around $70 million in cap space to work with. Alternatively, the Eagles, Rams and Saints all have plenty of work left to do, as they are all well over their respective caps.

On March 17 at 4:00 p.m. ET, the new league year begins, by which time teams must be in compliance with the cap (via ESPN).

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