2021 NFL Salary Cap Floor Revealed

Teams will have a cap floor of $182.5 million to work with this year. So where do the Giants stand in terms of space now that we have a number?

The 2021 salary-cap number has finally been decided, and as expected, it fell about midway between the $180 - $185 million that was projected.

The new floor for teams will be $182.5 million, a $15.7 million drop from last year's $198.2 million cap total. But with each team having leftover money from 2020 to roll over, that floor will vary on a club-by-club basis.

• READ: Why New York Giants Are Still Bullish on Daniel Jones

In the Giants' case, they were able to roll over $2,933,855 in unused cap money from 2020, which means their new salary cap total should be $185,433,855.

In term of space--and it's important to remember that cap space is going to be fluid as teams restructure, add and drop contracts from their books--Over the Cap has the Giants at roughly $7.936 million over the limit, and with plenty of work to do.

• READ: What's Next After New York Giants Franchise-Tag Leonard Williams?

That cap total, by the way, incorporates the franchise tag for Leonard Williams (which per Tom Pelissero of NFL Network lands at $19,351,200).  

---

What's next for the Giants this off-season? Sign up for our FREE newsletter for all the latest, and be sure to follow and like us on Facebook. Submit your questions for our mailbag. And don't forget to check out the daily LockedOn Giants podcast, also available for subscription wherever you find podcasts.