The final number is in and the 2014 NFL salary cap is set at $133 million, CBS Sports NFL Insider Jason La Canfora reports.
The NFL sent out a memo to the 32 clubs as to how much money they'd have to spend in the coming league year on Friday afternoon and it's a significant bump.
$133 million represents a massive jump and is good news for players out on the free-agent market as well as teams who were worried about having cash to spend.
Last year at this time the NFL set the salary cap at $123 million, which seemed like a pretty big bump from the projected $121.6 million at the time.
This is a massive bump for everyone involved and nearly a $10 million hike per team from what was originally expected, as well as the total from last year.
Teams that were cash-strapped heading into the beginning of the league year suddenly have a much bigger cushion to work with.
CBSSports.com NFL writer Jason La Canfora has the numbers for the franchise and transition tags at each position.
2014 franchise #s. QB-$16.91M; RB $9.54M; WR $12.1M; TE $7.05M; OL $11.7M; DE $13.1M; DT $9.65M; LB $11.5M; CB $11.8M; S $8.43M; K/P $3.56M— Jason La Canfora (@JasonLaCanfora) March 1, 2014
2014 transition #s: QB $14.7M; RB $8.03M; WR $10.2M; TE $6.11M; OL $10.04M; DE $10.6M; DT $8.06M; LB $9.75M; CB $10.1M; S $7.25M; K/P $3.2M— Jason La Canfora (@JasonLaCanfora) March 1, 2014