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NFL sets 2023 salary cap at $224.8 million, but Packers have work to do to reach limit

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In recent years, the NFL has occasionally waited until the new league year has nearly arrived before announcing the salary cap number for the coming season. Thankfully for the 32 front offices around the country, the league decided to reveal its final number for the 2023 league year on Monday, setting the base salary cap number at $224.8 million.

This number is a substantial increase of $16.6 million from the 2022 value, which was $208.2 million. That number, in turn, jumped more than $25 million from the 2021 season, which saw a drop in the cap due to the COVID-19 pandemic.