NFL 2023 salary cap gets big jump to $224.8 million
It's time to adjust your thinking as to what each position on the field should be making. That's because as of next season, there will be a lot more money to go around.
The NFL informed teams today that the salary cap for next season will be a whopping $224.8 million. That's a jump of $16.6 million from last season's figure of $208.2 million.
It means every team is suddenly looking at having a lot more money to spend.
With this new number, the Raiders sit at just over $22 million in available cap space -- a number that will go up another $30 million with the cut or trade of Derek Carr.
Based on current cap figures at overthecap.com, that would make this the top five teams in terms of cap space:
- Chicago Bears $92M
- Atlanta Falcons $56.5M
- Las Vegas Raiders $52M
- New York Giants $45M
- Cincinnati Bengals $44M
It's going to be a crazy free agency period with some big contracts thrown around. I mean, bigger than usual.