According to NFL Network’s, Rand Getlin, teams will have some extra dough to spend on salaries this offseason as the salary cap is expected to jump to at least $155 million.

“I’m told the NFL’s salary cap is expected to jump to at least $155M this year. Nearly $12M more than last year’s ($143.28M),” says Getlin.

Report: 2016 NFL salary cap believed to be raised towards $155 mil: [https://t.co/SRnNKyVXFx] pic.twitter.com/dY1MqAPT4Y — 247Sports (@247Sports) February 15, 2016

The official cap number will not be officially released until early March, but all reports have the number increasing at a minimum of $12 million.

The salary cap is intended to create parity among teams by capping how much they are aloud to spend on salaries. It is essentially in place to prevent teams like Denver from keeping their rosters completely in tact.

If the salary cap does in fact increase to $155 million, the Broncos will have an estimated $12,361,000 to spend on salaries. This number, however, is assuming Peyton Manning does not retire and no other cap clearing moves are made.

With so many key free agents needing to be re-signed by the Broncos, extra cap room is always welcomed with open arms.

The next date of off season importance is February 16, where teams are officially aloud to designate a player under the franchise or transition tag.