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NFL Salary Cap Set at $167 Million for 2017; Jets Currently Have $26.2 Million in Space

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NFL: Buffalo Bills at New York Jets Brad Penner-USA TODAY Sports

The NFL has announced the salary cap figure for the 2017 season. It is $167 million, representing a reasonably large increase over 2016.

The NFL salary cap for the 2017 league year has been set at $167 million, a league official told NFL Network's Judy Battista on Wednesday.

The figure represents a more than $12 million raise over last year's cap figure on $155.27 million. Since 2012, the cap has been increased by about $47 million.

Teams are also allowed to carry over unused cap space from the previous season. That figure is not much for the Jets. The team spent almost all the way up to the cap a year ago, ending the year with only $371,487 in unused space.

Adding the two numbers together, that means the Jets’ cap figure for 2017 is $167,371,487.

In the offseason roster can grow to up to 90 players as teams fill out their roster with enough players for training camp. The top 51 salaries count against a team’s cap hit along with dead money.

Over the Cap currently projects the Jets have $26,278,320 in cap space when calculating the top 51 plus the $13,541,981 in dead money.

This does not include further potential moves that could clear cap space including moves involving Brandon Marshall, Sheldon Richardson, David Harris, Buster Skrine, Marcus Gilchirst, and others. It is important to keep in mind there is no guarantee the Jets will make such moves, and part of the new cap space created might have to go to replacing these players.