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NFL salary cap will rise above $150 million in 2016

Miami Dolphins v Carolina Panthers

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The NFL’s salary cap will grow by close to $10 million next year.

Owners were told at this week’s league meeting that the salary cap will be between $150 million and $153.4 million next year, ESPN reports. This year’s cap is $143.3 million.

Based on a projected cap of $150 million, there are three teams that are already over based solely on the players they already have under contract for 2016: The Dolphins are $4.96 million over, the Saints are $4.14 million over and the Bills are over by just $18,000, according to Spotrac.com. Those teams will all have offseason moves to make before the league year begins in March.

The Raiders are projected to have more than $72 million in cap space on a $150 million cap, by far the most of any team. The Bears are next at $60 million, followed by the Buccaneers at $52 million, the Jaguars at $45 million and the 49ers at $40 million.