Steelers News

Steelers Carry Over $3,000,327 In Unused Salary Cap Space From 2015

According to a Thursday morning report from the NFLPA, all 32 NFL teams elected to carry over unused salary cap space from the 2015 season and the amounts have now been made official.

As expected, the Pittsburgh Steelers carried over $3,000,327 in left over salary cap space from last season so that amount will serve as a credit in 2016.

With the start of the 2016 league year now less than two weeks away, we should know very soon what the league-wide salary cap number will be. Since the 2015 season ended, the 2016 projected salary cap number has slowly risen and many feel the final number could come in at around $156.5 million per team.

Heading into Thursday, the Steelers have 70 players under contract for the 2016 season. I currently have them sitting roughly $9.5 million under a $155 million cap number and that amount includes the $3,000,327 rollover from 2015 in addition to a projected cap credit payback charge of $1,125,000 and a projected team workout bonus charge of $561,600.
The Steelers will likely clear even more cap space for the 2016 league year in the coming days as a few contract restructures and possibly even an extension for veteran linebacker Lawrence Timmons could be finalized. The team will also likely re-sign a few of their own unrestricted free agents prior to the start of the signing period.

Teams must be cap complaint in less than two weeks.


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