Kansas City Chiefs owner Clark Hunt, who serves as chairman of the league's financing committee, says the 2021 salary cap won't be set any time soon.

The 2020 cap increased to $198.2 million, and all teams have negotiated long-term deals under the impression that the cap will continue to increase.

The pandemic, which saw regular-season attendance drop from more than 17 million to roughly one million, will likely push the final number closer to $175 million than to $198.2 million.

"There are so many uncertainties as we look at the 2021 season, which of course is now seven or eight months away, that answering those questions is very challenging," Hunt said. "It's going to be difficult to set the cap this year because we don’t know as many of the answers to those questions as we’d like. But that’ll be a collaborative process that happens with the union over the next two or three months. Certainly from a team perspective, we all hope to have something higher than the floor of $175 million, but we just don’t know the answer at this point."

Hunt added that the cap could be set only "hours before the start of the league year."