The NFL informed teams Monday that the 2023 salary cap will be set at $224.8 million per club, shattering the previous record of $208.2 million, set in ’22. Previous reports had indicated the cap was bound for a record high, but an increase of more than $16 million still qualifies as a surprising jump. From ’13 to ’20, the salary cap had been growing at a pace of only $10.74 million a year.
Before this year’s record-setting amount, the league salary cap had dropped from $198.2 million in 2020 to $182.5 million in ’21 due to the COVID-19 pandemic. The ’19 cap was $188.2 million.
Here’s a closer look at each team’s current salary cap, according to overthecap.com:
Bears: $91,833,199
Falcons: $56,414,855
Giants: $44,727,461
Bengals: $43,719,058
Texans: $39,289,053
Patriots: $32,636,047
Seahawks: $31,040,644
Ravens: $26,867,479
Raiders: $22,080,338
49ers: $16,398,516
Cardinals: $14,467,205
Chiefs: $13,997,884
Lions: $13,825,618
Colts: $13,071,832
Broncos: $9,206,724
Commanders: $6,649,246
Eagles: $4,235,666
Steelers: $1,028,747
Jets: ($2,793,498)
Cowboys: ($5,303,002)
Panthers: ($8,938,728)
Rams: ($14,194,570)
Browns: ($14,645,606)
Dolphins: ($16,453,222)
Packers: ($16,483,743)
Bills: ($19,612,436)
Chargers: ($20,381,524)
Jaguars: ($22,217,686)
Vikings: ($23,251,507)
Titans: ($23,623,634)
Buccaneers: ($55,033,921)
Saints: ($58,596,996)