This football off-season, the NFL announced that the team salary cap would rise to $255.4 million, a 13.6% increase from last year’s cap of $224.8 million. This $30.6 million salary hike is the largest dollar increase in NFL history, underscoring a new age of sports money. The salary cap is calculated and set based on the league’s earnings, with the NFL referencing an “extraordinary increase in media revenue” as the source of this year’s financial leap.