Monday, an arbitrator ruled the NFL had withheld $120 million in revenues; a portion of which was to go to the players. According to a report in the Wall Street Journal, the arbitrator found that the NFL owners had mischaracterized a large sum of ticket revenue during the past three years.
The CBA says 40% of that revenue was to go to the players, which is roughly $48 million. With that amount added, the salary cap is expected to rise by $1.5 million.
The salary cap was already expected to come in at around $155 million, which, according to overthecap.com currently has the Raiders with $74.275 million to spend. Add in the addition to the $1.5 million jump would give the Raiders an astounding $75.775 million to spend under the salary cap.
Of course that money would be across the board, so the Raiders would still be about $5 million below the Jaguars for the most money to spend under the cap. The Raiders would also have some $15 million more than the next team on the list, the Bears.
The official salary cap is expected to be announced next week. Most likely March 1.