Jay Schulz is in contract limbo. Picture: Paul Kane/Getty Images AsiaPac.

Port Adelaide full forward Jay Schulz is in contract limbo due to a lack of salary cap space.

Port Adelaide’s salary cap is bursting at the seams, thanks largely to last season’s last minute acquisition of star ruckman Paddy Ryder in the trade period.

Schulz’s demands are rumoured to be well above what Port Adelaide is offering the the 30-year-old.

The sharp shooter has kicked 221 goals in 96 games at the Power since moving from Richmond in 2009.