The NFL informed teams Monday that the 2023 salary cap will be the highest mark in league history, according to NFL Network’s Tom Pelissero and Ian Rapoport.
The league revealed that the cap will be set at $224.8 million per club, shattering the previous record of $208.2 million, set in 2022. Previous reports had indicated the cap was bound for a record high, but an increase of over $16 million still qualifies as a surprising jump. From 2013 to ’20, the salary cap had been growing at a pace of only $10.74 million a year.
Prior to this year’s record-setting amount, the league salary cap had dropped from $198.2 million in 2020 to $182.5 million in 2021 due to the COVID-19 pandemic. The 2019 cap was $188.2 million.
