According to Tom Pelissero of the USA Today, NFLPA executive director DeMaurice Smith has said that they are projecting the 2015 salary cap to be "no less than $143 million." Earlier in the week, Adam Schefter of ESPN said that the NFL expected the salary cap to be somewhere between $140 million and $143 million.
The NFLPA had their projection on the higher end because it will hopefully give general managers more time to plan for extra cap space they could be having. Last year, there were projections about the cap, and then all of a sudden, when the salary cap was announced, it was $10 million greater than the projections. Such a drastic difference isn't expected this year, but you never know.
Our latest projection had the Browns at $53.735 million in available cap space, but that was under the assumption of a $142 million salary cap. Because of the extra million, I am bumping our projection up to $54.735 million in available cap space. The final salary cap number should be released by March 7th, in anticipation for when teams can begin negotiating with free agents. Free agency officially begins on March 10th.