The NFL Network has reported that the league has advised all 32 member clubs that the projected 2026 salary cap floor will be between $301.2 million and $305.7 per club.<\/p>\n
That figure represents an increase of at least $22 million, a significant jump from last year\u2019s $279.2 million cap figure.\u00a0<\/p>\n
The NFL informed clubs today it is projecting a 2026 salary cap in the range of $301.2 million to $305.7 million per club, per source.<\/p>\n
That would represent another significant jump from this year\u2019s $279.2 million cap number, and nearly $100M than the $208.2M cap in 2022. pic.twitter.com\/3Mr146H01C<\/a><\/p>\n \u2014 Tom Pelissero (@TomPelissero) January 30, 2026<\/a><\/p>\n That\u2019s good news for teams like the \u00a0New York Giants<\/a>, who based on an initial projection of $295 million (not counting any carryover from 2025) by Over the Cap,\u00a0 were listed as of Friday afternoon, as being in the red<\/a> for overall space ($58,866) and effective cap space ($10.158 million), the effective cap space being what the Giants need to fit their Top 51 highest cap figures into the 2026 offseason cap.<\/p>\n With the new projection, the Giants stand to gain anywhere from $5.7 million to $10.2 million of their 2026 cap, depending on where the final number lands.\u00a0<\/p>\n In terms of the cap space, the worst-case scenario for the Giants would see their total projected space rise to $5.641 million, and their projected effective cap space improve to -$4.458 million.\u00a0\u00a0<\/p>\n The best-case scenario for the Giants, if the cap maxes out at the high end of the projected scale, would see their total cap space jump to $10.141 million, and their effective cap space jump to $41,834.<\/p>\n Giants have some work to do to improve their 2026 cap’s health<\/p>\n Regardless of where the league-wide salary cap ends up within the projected range, the Giants are going to have to trim some fat off their books.<\/p>\n They can clear an estimated $24.1 million in space if they terminate the contracts of kicker Graham Gano ($4.5 million savings), running back Devin Singletary ($5.25 million savings), offensive lineman James Hudson III ($5.83 million savings), and inside linebacker Bobby Okereke ($9 million savings).<\/p>\n In addition to those potential cap cuts, the Giants are likely to redo some existing contracts.<\/p>\n Some liekly candidates for restructure and\/or extension (usuing voidable years) include left guard Jon Ruyan Jr ($11.75 million cap hit, $9.25 million base salary);\u00a0 cornerback Paulson Adebo ($24.199 million cap hit, $13.5 million guaranteed in 2026), outside linebacker Brian Burns ($36.55 million cap hit, $24.050 million base salary), and defensive lineman Dexter Lawrence ($26.958 million cap hit, $18.5 million base salary).<\/p>\n The exact cap number will be announced toward the end of February\/beginning of March before the start of the 2026 league year.<\/p>\n What happens next with the NY Giants? Find out! Follow and like us on Facebook<\/a>. Visit our YouTube channel<\/a> for the latest videos. Want to send a question in for our mailbag? Send it here<\/a>.<\/p>\n More New York Giants Coverage