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Packers could have as much as $46.3 million in cap space based on NFL’s 2019 salary-cap projections

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Based on the 2019 salary-cap projections released by the NFL Tuesday, the Packers could have more than $46 million in available funds to use on players.

NFL: Green Bay Packers-OTA Milwaukee Journal Sentinel-USA TODAY NETWORK

The salary cap dominates much of the NFL offseason with teams utilizing their available cap space to extend players, spend on free agents, and sign their draft picks. On Tuesday, the NFL released the projections for the 2019 salary cap, which could reach as high as $191.1 million.

The full projection, as released by the NFL’s Brian McCarthy, ranges from $187 to the aforementioned higher figure. If the final number ends up at the upper limit of $191.1, the Green Bay Packers would have over $46 million in available space. Of course, that figure does not account for any roster moves the team could make such as restructuring or releasing outside linebacker Nick Perry. Regardless of what the Packers decide, the news should quell any lingering fears that Aaron Rodgers’ recent four-year, $134 million extension will prevent general manager Brian Gutekunst and his front office from fielding a competitive team.

The league’s press release notes that the salary cap has risen approximately 40 percent since the 2014 season and has jumped more than $10 million per club for six straight years.