The NFL announced the 2013 salary cap limit will be set at $123 million, a $2.4 million increase from the 2012 cap of $120.6.
This helps the teams that are constantly banging on the cap ceiling (like the Giants) to retain some of their in-house talent. The additional escarole will certainly help the Blue in terms of re-signing some of their UFAs and/or extending some of the stars they currently have under contract.
The Giants are approx $2.5 million under according to NFL.com. They need all the financial help they can get if they have any designs on bringing back TE Martellus Bennett and placating WRs Hakeem Nicks and Victor Cruz.