NFL salary cap could be $132 million -- report

The projected NFL salary cap for 2014 just keeps going up. ESPN's John Clayton reported earlier Tuesday that the cap is now projected to be $132 million, and Mike Florio of Pro Football Talk believes the amount could be a "few million" higher than that.

Original projections for the upcoming season were around $126 million, but the number seems to keep rising. Florio has some interesting ideas about why and also speculates that "the 2014 bump is expected to become the trend in future years."

So much for the flat cap of recent years.

The rising cap is good news for players, of course, because it means more money will be flowing into their pockets. It could also be good news for a team like the New York Giants with more than 20 free agents to make decisions on. The higher the cap the more lucrative an offer the Giants can make to a younger player like defensive tackle Linval Joseph.

Where do the Giants stand in relation to the cap? Over The Cap recently listed the cap situations for all 32 teams, showing the Giants $16.288 million below a projected $130 million cap. Regardless of where the cap lands the Giants are in the middle of the pack when it comes to available money to spend.