NFL sets 2017 salary cap at $167 million, per report

In the years since the NFL and NFLPA agreed to current collective bargaining agreement, the salary cap has skyrocketed. 2017’s cap increase looks no different, with the non-adjusted figure coming in at $167 million, according to NFL Media’s Judy Battista.

The increase of approximately $12 million comes in a little below the projections NFL commissioner Roger Goodell offered during Super Bowl week. Still, it leaves the Green Bay Packers with roughly $40 million in cap space before accounting for the cap rollover from the previous season. The NFLPA released individual team salary caps Wednesday, with Green Bay coming in just under $175 million.

And that represents good news for the Packers, who have a cavalcade of key pending free agents. On offense, the team could lose Pro Bowl right guard T.J. Lang and running back Eddie Lacy. Edge rushers Nick Perry and Julius Peppers headline the potential defensive losses, though versatile defensive back Micah Hyde and reserve pass rusher Datone Jones could also garner significant interest from Green Bay.

Regardless of what the Packers plan for the offseason, they should have all the necessary cap resources at their disposal.