NFL sets 2013 salary cap at $123M, up from $120.6M

Several teams work to get under salary cap by March 12

Author: By The Sports Xchange
Published On: Feb 28 2013 04:52:16 PM PST   Updated On: Feb 28 2013 10:43:52 PM PST
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NFL teams such as the Dallas Cowboys have been working feverishly to get under the salary-cap limit by the start of the new league year on March 12.

The good news is most teams will have more wiggle room than expected. The NFL announced to all 32 teams that the salary cap will jump from $120.6 million last year to $123 million in 2013, sources tell NFL.com's Ian Rapoport.

There also is a per team minimum salary benefit of $900,000, setting total player compensation at $123.9M per team. While the Cowboys and Washington Redskins are dealing with a cap penalty, other teams will have extra space carried over from last year.

The extra $2.4 million isn't going to make the difference in landing a high-profile free agent, but it will help teams in assigning restricted free-agent tenders and locking up draft picks later this offseason.

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