The NFL officially set the 2022 salary cap at $208.2 million on Monday. It was the expected number. The league also set franchise and transition tag values, which is of great importance to the Green Bay Packers as Tuesday’s deadline to use the tag looms.
How much will it cost the Packers to use the franchise tag on All-Pro receiver Davante Adams?
The exclusive tag for wide receivers is set at $18,419,000, but that won’t be the number for Adams. Because his cap hit was almost $16.8 million in 2021, his franchise tag number will be set at $20.1 million.
The tag demands that the franchise tag number for a player is either the set amount at his position or 120 percent of the player’s 2021 salary, whichever is larger. And for Adams, the latter number is the higher amount.
The Packers have until Tuesday afternoon to get a long-term deal done with Adams. If no deal is completed, the team will have to use the franchise tag to keep Adams – a back-to-back first-team All-Pro charting a…