The NFL and NFLPA will probably find a way to goose up the salary cap a few. Whether it reaches the Mut 21 coins stratosphere of $190M-$195M -- which the most optimistic of brokers are awaiting -- remains to be seen, however I would be surprised if it doesn't at least sit $185M.
The idea of it hitting the potential floor of 175M seems distant at best based on what I am hearing, but I'd still warning against those projecting the standard feeding frenzy in the onset of the league season that we've become accustomed to. I continue to see ample signals that owners, stung by the pandemic as well as the inability to meet their revenue goals in 2020 and in 2021 too, will be prepared to hold the lineup more on spending and take aim at the NFL's middle course, and it might result in an offseason that more closely resembles the drip-by-drip character of baseball's offseason, instead of the normal pace of a typical hot stove season.
Even with long-term television contracts on the horizon, if an owner was likely to wish to bargain store in 2021 and string out the current market, there are considerable reasons (excuses?) Uncertainty about the degree of fans in the stands in 2021, after having almost none in 2020, also with a cap stagnant at best and with all the final details of the cap probably not being finalized until shortly before free service begins next year all creates a possible climate for owners to sit back and wait, rather than rushing in with both hands, throwing contracts to fill as many roster holes as possible a month from now.
A year ago, just half the teams in the NFL really spent up to the salary cap; is there reason, under these conditions, to project even that amount repeating, let alone a spike? Do we not believe there would be financial motivation to attempt to bide one's time in the hopes that an entire category of players that might normally make $3M-$5M can be had for cheap Madden 21 coins close to $1M? There is going to be a rash of gamers stuck awaiting the very best one-year, prove-it deal they can muster, I'd contend, and a few may start grabbing the modest bird in hand sooner instead of later.