The NFL’s salary cap will be $224.8 million in 2023, an increase of $16.6 million. The league informed teams of the new cap figure on Monday in a memo obtained by The Associated Press. Overall, the cap is up $42.3 million from 2021, when it was at $182.5 million after the 2020 COVID-19 pandemic caused a decrease of nearly $10 million. Teams must be under the cap by 4 p.m. ET on March 15. Quarterbacks will have the highest franchise tag cost at $32,416,000 followed by linebackers at $20,926,000, wide receivers at $19,743,000 and defensive ends $19,727,000. The remaining franchise tag numbers are: Running Back: $10,091,000 Tight End: $11,345,000 Offensive Linemen: $18,244,000 Defensive Tackle: $18,937,000 Cornerback: $18,140,000 Safety: $14,460,000 Kicker/Punter: $5,393,000 The transition tag for quarterbacks is $29,504,000. The remaining transition figures by position are: Running Back: $8,429,000 Wide Receiver: $17,991,000 Tight End: $9,716,000 Offensive Linemen: $16,660,000 Defensive End: $17,452,000 Defensive Tackle: $16,068,000 Linebacker: $17,478,000 Cornerback: $15,791,000 Safety: $11,867,000 Kicker/Punter: $4,869,000 ____ AP NFL: https://apnews.com/hub/nfl and https://twitter.com/AP_NFL