Tom Pelissero of USA Today is reporting that NFL teams were informed Tuesday that the 2017 salary cap is expected to be between $166 million – $170 million.

The current salary cap is set at $155.27 million, which means we could be looking at increases of $10.73 million – $15 million when everything is set in stone.

This past weekend, Adam Schefter of ESPN reported the NFL was planning to inform teams this week that salary cap would be somewhere between $163 million and $165 million, so it appears as though this was an early, conservative estimate.

It’s worth mentioning that the first figures released, particularly from the NFL, are typically low estimates, so the possibility exists that the cap could climb even higher than these early figures.