That amount is more than the entire team salary cap of 1994
NFL Salary Cap History
2023: $224,800,000
2022: $208,200,000
2021: $182,500,000
2020: $198,200,000
2019: $188,200,000
2018: $177,200,000
2017: $167,000,000
2016: $155,270,000
2015: $143,280,000
2014: $133,000,000
2013: $123,600,000
2012: $120,600,000
2011: $120,375,000
2010: Uncapped
2009: $123,000,000
2008: $116,000,000
2007: $109,000,000
2006: $102,000,000
2005: $85,500,000
2004: $80,582,000
2003: $75,007,000
2002: $71,101,000
2001: $67,405,000
2000: $62,172,000
1999: $57,288,000
1998: $52,388,000
1997: $41,454,000
1996: $40,753,000
1995: $37,100,000
1994: $34,608,000