2014 NFL salary cap set at $133M

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The salary cap saw a big rise this season. (USATSI)

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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.

CBS Sports Senior Writer

Will Brinson joined CBS Sports in 2010 and enters his seventh season covering the NFL for CBS. He previously wrote for FanHouse along with myriad other Internet sites. A North Carolina native who lives... Full Bio

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