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NFL announces salary cap for 2015 season

Coinciding with Monday's deadline (4 p.m. ET) to designate franchise or transition players, the NFL notified its teams today that the 2015 salary cap will be set at $143.28 million, according to NFL Media.

That figure is an increase of $10 million per team over 2014 and $20 million more than two years ago. 

The announcement also comes in advance of March 10, when the new league year officially begins and free agency opens.

From March 7-10, clubs are permitted to contact and enter into contract negotiations with certified agents of players who are set to become unrestricted free agents. However, a contract cannot be executed with a new club until March 10 at 4 p.m. ET.

Here are the best NFL free agents for 2015, according to

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