Schefter reports that the Cowboys will lose more than $10 million — and that the Redskins will lose $36 million.
The money will be reallocated to the other teams, with every franchise except the Saints and Raiders picking up $1.6 million in extra cap space.
With this increase along with the Sanchez and Ferguson contract restructurings the Jets now have $15 million in salary cap space. Aaron Maybin’s tender amount is included in this figure.
For additional information on this increase check out the Jets Nation forum.