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Salary cap officially hits $133 million

Cash

During the 2013 season, owners were told that the salary cap for 2014 would be $126.3 million. We immediately were told it would be higher.

Last week, it was reported that the salary cap would be $132 million. We immediately were told it would be higher.

Last night, we reported that it definitely would be (not might be or could be or should be) $133 million. Now, it officially is.

The NFLPA has announced that the cap has increased by a whopping $10 million since 2013. With teams averaging $6.1 million of carryover cap space from last year, that gives teams an average of $139.1 million to spend in 2014.

Or, multiplied by 32, $4.451 billion.