The NFL just raised the salary cap to an all time high with an astronomical hike from $224.8 million to $255.4 million. That is just an insane amount of money and teams are about to be able to spend this year. How does it affect the Detroit Lions? Massively. This gives the Lions about $63.7 million in cap space. That’s 8th in the NFL.
But what it also means is that the Lions can get some work done. the Lions are expected to have some extensions done this offseason with Jared Goff being the big one. They Lions could now extend him along with Amon-Ra St. Brown and Alim McNeill and still have money to go out and re-sign the free agents they want to re-sign and then sign some of the free agents they might be interested in.
This of course will also raise the cap space of all the other teams in the league now as well. So there will still be plenty of competition for signings. It could also raise some price tags since there’s now more money to go around. They were before this, but this is even better.