Report: NFL salary cap expected to rise to at least $155M in 2016

NFL teams will have some additional flexibility when it comes to handing out player contracts this offseason.

The league's salary cap is expected to rise to at least $155 million for the 2016 campaign, according to Rand Getlin of NFL Network, a substantial jump from the $143.28-million mark in place last year.

An early December report from ESPN's Adam Schefter indicated that the league-wide mark would fall somewhere between $150 million and $153.4 million.

Geltin's updated figures, though only slightly exceeding the top end of Schefter's projections, go even further to demonstrate the monumental rise of the salary cap since the turn of the century.

The salary cap surpassing the $150-million plateau will officially double the $75-million limit that was in place in 2003.

The Jacksonville Jaguars, Oakland Raiders, and New York Giants are among the several teams with the most space to work with heading into the new league year.

At the other end of the spectrum, benefiting even more from the continued cap increases, are the New Orleans Saints, Buffalo Bills, and New England Patriots.