NFL salary cap to grow to $122 million: Report By THE SPORTS XCHANGE

Baltimore Ravens wide receiver Jacoby Jones celebrates his second quarter touchdown against the San Francisco 49ers with teammates Joe Flacco, Torrey Smith and offensive tackle Kelechi Osemele during the NFL Super Bowl XLVII football game in New Orleans, Louisiana, Feb. 3, 2013. (REUTERS/Mike Segar)

Report: NFL salary cap to grow to $122 million

The NFL salary cap will increase by at least $1.4 million per team, ProFootballTalk.com reported Tuesday citing a source with knowledge.

The report said the new salary cap will be at least $122 million per team.

Next year’s salary cap is expected to spike far higher because revenue from new television deals is expected to start flowing into the league.