Well it is now official that the NFL Salary Cap for 2014 is a whopping $133,000,000. How it got there who knows. Its hard to imagine that revenues will skyrocket that much this season, but I guess increases in TV revenue are on their way in. Maybe that CBS deal had a major impact for the Thursday night games.
With the salary cap being set we can officially set the franchise tags, transition tags, and RFA tender numbers. Remember that the transition tag is the 2015 option value for any 2011 rookie drafted in the top 10. The tag numbers were provided on Twitter by Albert Breer. The RFA tags are my own calculations/estimates.
In addition the increase in cap is going to lead (or at least should lead) to the first increase in rookie signing bonus money, which has been frozen at 2011 levels for the prior two drafts. I’ll put some rough estimates up for those over the weekend. The signing bonus money that can be spent on undrafted free agents should now be $81,922.
Here are the Franchise/Transition tag numbers:
|Position||Franchise Tag||Transition Tag|
Here are the RFA Tenders:
Jason is the founder of OTC and has been studying NFL contracts and the salary cap for over 15 years. Jason has co-authored two books about the NFL, Crunching Numbers and the Drafting Stage, which are widely circulated in the industry and hosts the OTC Podcast. Jason’s work has been featured in various publications including the Sporting News, Sports Illustrated, NFL Network and more. OTC is widely considered the leading authority on contract matters in the NFL.