
The NFL notified all 32 teams Monday that the salary cap will be set at $224.8 million in 2023, according to Tom Pelissero and Ian Rapoport of the NFL Network.
That’s an increase of $16.6 million from 2022. It’s a massive $42.3 million jump from 2021, which was COVID-adjusted. NFL teams have been working from the assumption that the salary cap would come in at around $225 million, so this reaffirms what teams were working off of ahead of the new league year, which begins March 15.