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Official Salary Cap At $120.6 Million For 2012: Mike Nugent Scheduled To Earn $2.654 Million

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:

Quarterback $14.436 Million
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
Linebacker $8.856 Million
Cornerback $10.281 Million
Safety $6.212 Million
Kicker/Punter $2.654 Million