According to Jason La Canfora with the NFL Network, the official 2012 salary cap stands at $120.6 million, first reported by Jay Glazer of Fox Sports Saturday night. As a result teams can begin filling in the blanks, including $2.742 million for tenders with first-round compensation for restricted free agents, $1.927 million for second-rounders.
For Cincinnati's purposes, we now have a firm number regarding Mike Nugent's franchise tag. According to La Canfora, franchise tags for place kickers is $2.654 million, roughly around the same estimate many have projected weeks ago. If the Bengals would have used their franchise tag on safety Reggie Nelson, that number would have been $6.212 million.
Other franchise tag numbers include:
|Running back||$7.742 Million|
|Wide Receiver||$9.515 Million|
|Tight End||$5.446 Million|
|Offensive Line||$9.383 Million|
|Defensive End||$10.605 Million|
|Defensive Tacakle||$7.69 Million|