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The 2014 NFL salary cap has been set, and with that, the league's franchise tag numbers have been finalized. It also means Jairus Byrd will see a little more money if the Buffalo Bills use the tag for the second consecutive year.
Byrd made $6.9 million on the franchise tag in 2013 and a second tag was supposed to net him 120 percent of that figure, per the NFL Collective Bargaining Agreement. That would have guaranteed him $8.299 million if he was tagged in 2014. But after calculating the salary cap, the 2014 safety franchise tag number is $8.433 million. The CBA also dictates that the player be paid the tag if it's larger than the 120 percent figure, so the increased salary cap is bumping Byrd's salary by $134,000.
Saturday was the one year anniversary of Byrd being tagged in 2013. If the Bills want to tag Byrd for 2014, they'll need to do it by 4PM on Monday.