Recently I reported that the 2014 NFL salary cap was surprisingly projected to reach upwards of $132 Mil. At the end of that article I jokingly suggested that, “At this rate, by the time the owners meet next month, maybe the Steelers won’t need to do any trimming to get below cap compliance.” Well, maybe that wasn’t so unrealistic after all.

According to Mike Florio of Profootballtalk, a source with knowledge of the situation reports that the salary cap could likely be a few million higher than that $132 Mil projection. That would be an increase of roughly 9.75% from last year. One of the biggest story lines this off-season was the Steelers insurmountable ‘cap hell’, and if this report is indeed true, the team will need to do very little to get under cap by March 11th.

It is unclear if the NFLPA is using their $2 Mil cap option to increase the cap at this time. Florio’s source also projects that similar increases will happen in years to come.