ESPN obtained a memo from the NFL stating that the NFL had informed its 32 teams Monday that the salary cap in 2022 was $208.2 million.
It is an increase of $182.5 million from the 2021 limit. This was due to increased revenue projections for the last season and decreased revenue during the 2020 season due the COVID-19 pandemic. The 2020 salary cap was $198.2million. This was a decrease from that figure.
On Monday, the league set the amount for 2022 franchise tags. Quarterbacks who are granted a nonexclusive franchise tag after Tuesday’s 4:05 p.m. If they fail to reach an agreement by July 15, the deadline for franchised player to sign long-term contracts, the ET deadline will result in $29.703,000,000 for the 2022 season.
The other tags are:
• Running backs: $9.570 million;
• Wide receivers: $18.419 million;
• Tight ends: $10.931 million;
• Offensive linemen: $16.662 million;
• Defensive ends: $17.859 million;
• Defensive tackles: $17.396 million;
• Linebackers: $18.702 million;
• Cornerbacks: $17.287 million;
• Safeties: $12.911 million;
• Kickers and punters: $5.22 million.
By 4 p.m., teams must meet or exceed the salary cap. ET on Wednesday, March 16th, which marks the official beginning of the 2022 league season.
Starting Monday, March 14th at noon ET, teams will be able to begin negotiations with unrestricted-free agents. Contracts cannot be signed before the start of the new season.