Tuesday afternoon, Pro Football Talk reported that the NFL salary cap was expected to exceed $123 million in 2013. This would mean a potential rise of $2.4 million compared to the 2012 cap. We discussed some of the general implications yesterday, but I want to look a bit more specifically at how it helps the 49ers this season.

This will help the 49ers big time, even with the recently completed Alex Smith trade. Prior to the trade, the 49ers were an estimated $2.557 million over the $121.1 million previously projected cap. The change to a $123 million cap would put the 49ers at around only $657,000 over the cap.

The trade of Alex Smith provides them with over $9 million in additional cap space. Smith is not due his $1 million roster bonus until the third day of the league year, so if the team finalizes the trade when March 12 hits, they will unload the entirety of his cap hit.