That $176M figure is the floor for next season, not the cap, and it is the minimum that teams must spend next year.

The 2021 cap has not been announced but it is likely to be higher that this season's $198.2M.

p.s. I'm pretty sure this year's cap is $198.2M [www.nfl.com] Where did the $204,882,602 figure come from?

---

AlbaNY_Ram