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Reading: NFL tells teams cap will be $224.8M, source says
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BigPaulSports > Blog > NFL > NFL tells teams cap will be $224.8M, source says
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NFL tells teams cap will be $224.8M, source says

BigP
Last updated: 2023/01/30 at 10:24 PM
BigP Published January 30, 2023
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NFL tells teams cap will be $224.8M, source says
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1:18 PM ET

The NFL has told its 32 teams that the 2023 salary cap will be a record $224.8 million, a source confirmed to ESPN.

This marks an increase of $16.6 million from the 2022 salary cap, which was $208.2 million.

The league will notify teams of total costs, including player benefits, in March.

The news was first reported by NFL Network.

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Teams will be permitted to negotiate with unrestricted free agents starting March 13 at noon ET. The 2023 league year will officially begin on March 15 at 4 p.m. ET, after which time free agent signings and trades can officially be announced.

The Chicago Bears are projected to have the most salary-cap space, with more than $91 million, while the New Orleans Saints have the least as they are projected to be over the cap by more than $58 million, according to OverTheCap.com.

Teams must be under the salary cap by the start of the 2023 league year.

ESPN’s Jeremy Fowler contributed to this report.

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