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NFL Free Agency: Spending Limit will Exceed $122 Million

Feb 3, 2013; New Orleans, LA, USA; General view of the NFL logo after Super Bowl XLVII between the San Francisco 49ers and the Baltimore Ravens at the Mercedes-Benz Superdome. Mandatory Credit: John David Mercer-USA TODAY Sports

While NFL teams anxiously await to see what the salary cap will be once free agency opens on March 12th, Pro Football Talk is reporting the cap will be north of $122 million:

A source with knowledge of the situation tells PFT that the team-by-team spending limit will exceed $122 million in 2013.

While a move to $122 million represents an increase of only $1.4 million per team, every dollar helps, given the number of teams in cap trouble.

An increase in the unadjusted cap also increases the per-team minimum spending requirement, which commences this year.  On a four-year rolling average, teams must spend in cash 89 percent of the annual unadjusted cap.

 

The 2013 salary cap has been previously estimated to be in the $119-212 million range, so an extra few million is good news for teams close to, or already over the salary cap. It also forces teams like the Bengals to spend a little more in free agency to get to the 89% minimum spending requirement.

 

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Topics: Cincinnati Bengals, Free Agency, NFL News

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