Current:Home > MarketsNFL has 'unprecedented' $30 million salary cap increase 2024 season -TradeBridge
NFL has 'unprecedented' $30 million salary cap increase 2024 season
View
Date:2025-04-11 12:40:44
The NFL’s salary cap increased an unprecedent amount for the 2024 season.
The NFL announced Friday that 2024 salary cap is set $255.4 million per club.
“The 2024 salary cap will be $255.4 million per club, with an additional $74 million per club payment for player benefits, which includes performance based pay and benefits for retired players. Total 2024 player costs will be $329.4 million per club, or more than $10.5 billion league-wide,” the NFL said in a statement. “The unprecedented $30 million increase per club in this year’s salary cap is the result of the full repayment of all amounts advanced by the clubs and deferred by the players during the Covid pandemic as well as an extraordinary increase in media revenue for the 2024 season.”
The NFL’s salary cap was at $224.8 million in 2023, $208.2 million in 2022 and $182.5 in 2021.
The NFL’s 2024 salary cap official kicks in when the new league year begins at 4 p.m. ET on March 13.
NFL STATS CENTRAL: The latest NFL scores, schedules, odds, stats and more.
According to Over The Cap, the Washington Commanders ($87 million), New England Patriots ($82.9 million) and Chicago Bears ($80.3) currently have the most cap space available under the new salary cap number.
veryGood! (76)
Related
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- Boeing will lay off 10% of its employees as a strike by factory workers cripples airplane production
- Man wins $3.1 million on $2 Colorado Lottery game
- What’s behind the northern lights that dazzled the sky farther south than normal
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- R. Kelly's Daughter Joann Kelly Alleges Singer Sexually Abused Her as a Child
- Yes, salmon is good for you. But here's why you want to avoid having too much.
- Pittsburgh football best seasons: Panthers off to 6-0 start for first time in decades
- Intellectuals vs. The Internet
- Ole Miss releases statement addressing 'feigned injuries'
Ranking
- North Carolina justices rule for restaurants in COVID
- Artur Beterbiev defeats Dmitry Bivol: Round-by-round analysis, highlights
- Determination to rebuild follows Florida’s hurricanes with acceptance that storms will come again
- Sister Wives Star Kody Brown’s Daughter Mykelti Lashes Out Against Him After Previous Support
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Boeing will lay off 10% of its employees as a strike by factory workers cripples airplane production
- “Should we be worried?”: Another well blowout in West Texas has a town smelling of rotten eggs
- Yamamoto outduels Darvish in historic matchup as Dodgers beat Padres 2-0 to reach NLCS
Recommendation
2 killed, 3 injured in shooting at makeshift club in Houston
Ohio State-Oregon, Oklahoma-Texas lead college football's Week 7 games to watch
Tennessee to launch $100M loan program to help with Hurricane Helene cleanup
Lawyer for news organizations presses Guantanamo judge to make public a plea deal for 9/11 accused
Meta releases AI model to enhance Metaverse experience
Top Celebrity Halloween Costume of 2024 Revealed
Modern Family’s Ariel Winter Teases Future With Boyfriend Luke Benward
2 arrested in deadly attack on homeless man sleeping in NYC parking lot