The NFL looks to be wrapping up their 2017 salary cap figures, putting it at $167 million. That is an increase of nearly $12 million over 2016’s cap number.

The NFL and NFLPA have set a salary cap of $167 million for 2017, source said. Fourth straight jump of at least $10 million. — Tom Pelissero (@TomPelissero) March 1, 2017

Related Ravens paying on salary cap for previous contract mistakes

The $167 million figure is close to what many experts had it going to. Over The Cap estimated $168 million in their figures. The slight decrease would mean that the Baltimore Ravens have an estimate of $13.81 million available to them according to Over The Cap.

There is still room for the Ravens to get further under the cap, but they involve cutting notable players. Many of the names we’ve looked at include wide receiver Mike Wallace ($5.7 million back), safety Lardarius Webb ($5.5 million back), tight end Dennis Pitta ($3.3 million back), linebacker Elvis Dumervil ($6 million back) and some others.

Baltimore has plenty it needs to do this offseason to get better in 2017 and that might include addition via subtraction sadly. Hopefully the slightly lower cap will alter free agent deals and slow down large contracts that typically fly around.