3. Salary Cap & Tags Aug 28, 2012 20:13:56 GMT -5 Quote Select PostDeselect PostLink to PostMemberGive GiftBack to Top Post by Chicago D'backs GM (Greg) on Aug 28, 2012 20:13:56 GMT -5 Every team will have $120M MLB salary cap.Every team will also have 2 tags, 1 Franchise tag and 1 Restricted Tag.