The NFL’s salary cap will rise to $140 million by 2019, but players are still free to sign a multi-year deal with multiple teams, as long as they have at least $10 million to play with.
The NFL’s next-highest-paid player, running back LeSean McCoy, signed a five-year, $54.5 million deal with the Philadelphia Eagles on Tuesday, the NFL Network’s Ian Rapoport reported.
That figure will go up to $57 million in 2019, and $58 million in 2020.
The Eagles have a cap hit of $70 million, and will have $57.5M of room to work with.
It was announced on Monday that the league will be raising its maximum cap hit to $142 million by 2020.
That figure will jump to $153 million by 2022, and a new $153.5m ceiling is projected for 2020.
It’s been estimated that the new salary cap ceiling will be $180 million, with the new $180.5 cap for 2019, $195 million in 2022 and $205 million in 2023.