Salary cap sits at $123 million precisely
There has been some confusion regarding the actual salary cap for 2013. We’ve confirmed via two sources that the team-by-team spending limit is and will be $123 million.
In addition to the $3.936 billion in total spending allotment in 2013, another $200 million in cap space has been carried over from past years.
This pushes the total potential cap space this year to more than $4.1 billion.
Teams can (and do) spend more cash than their cap limit. But those dollars count against future caps. With this year’s limit increasing over last year’s by only 1.9 percent, teams need to be careful about robbing Peter to pay Paul.
One of these days, someone is gonna rob Paul to pay Peter.