The NFL informed its 32 teams on Monday that the salary cap for the 2022 season has been set at $208.2 million, according to a memo obtained by ESPN.
It marks a significant increase from the 2021 cap, which was set at $182.5 million per team because of projected revenue for last season and lost revenue during the 2020 season because of the COVID-19 pandemic. That figure was a drop from the 2020 salary cap, which was set at $198.2 million.
The league also set the amounts for 2022 franchise tags on Monday. Quarterbacks who receive a nonexclusive franchise tag before Tuesday's 4 p.