According to a memo obtained by ESPN, the salary cap for the league's 32 teams is $208 million for the upcoming season.

The cap was set at $182 million per team because of projected revenue for last season and lost revenue during the 2020 season because of the COVID-19 epidemic. The 2020 salary cap was set at $198 million.

The amounts for franchise tags were set on Monday. Quarterbacks who receive a nonexclusive franchise tag before Tuesday will be paid. The deadline for franchised players to agree to long-term deals is July 15.

The other tags have amounts.

Running backs make $9.570 million.

The wide receiver's value is $18.423 million.

The tight ends are worth $10.93 million.

The offensive linemen make $16.662 million.

$17.859 million is the defensive ends.

$17.396 million is the amount of defensive tackles.

Linebackers made $18.702 million.

Cornerbacks are worth $17.28 million.

Safeties: $12.911 million.

Kickers and punters had a total of $5.22 million.

The salary cap must be met by 4 p.m. The official start of the league year is on March 16.

On Monday, March 14 at noon, teams can begin negotiating with unrestricted free agents. The new league year begins so contracts cannot be signed until then.