The NFL’s 2025 salary cap is $279.2 million, but none of the league’s 32 franchises are operating at the exact number this coming season.
That’s because the NFL annually adjusts each team’s cap figure based on the amount of money it carried over—or lost—from the previous season, mostly from performance incentives that players did or didn’t meet.
After the new league year officially began at 4 p.m. ET Wednesday, this year’s numbers are now available.
The biggest carryover belongs to the 49ers, who will have an adjusted cap of $341.4 million, roughly $62 million higher than the standard NFL number. That should come in handy for San Francisco, as the club has been cleaning house by trading, releasing, and not re-signing many key players—likely ahead of a contract extension for quarterback Brock Purdy that could cost more than $50 million annually.
For the majority of teams, the adjusted cap brings a modest gain. Almost half the NFL, 15 franchises, gained less than $10 million, while eight teams gained between $10 million and $20 million.
Led by the 49ers, seven clubs topped $300 million with their adjusted numbers:
- 49ers: $341.4 million
- Browns: $325.9 million
- Patriots: $322.6 million
- Raiders: $314.9 million
- Cowboys: $306.9 million
- Lions: $306.4 million
- Titans: $300.7 million
There were only two teams that actually lost money relative to the $279.2 million salary-cap figure. The Ravens landed just below at $278.4 million, while the Bills lost more than $6 million, ending up at $273.1 million.
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