Current:Home > StocksNFL has 'unprecedented' $30 million salary cap increase 2024 season -GrowthSphere Strategies
NFL has 'unprecedented' $30 million salary cap increase 2024 season
View
Date:2025-04-15 03:03:59
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! (699)
Related
- Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
- Israel says it will maintain “overall security responsibility” for Gaza. What might that look like?
- Bear attack suspected after college student found dead on mountain in Japan
- Store worker killed in apparent random shooting in small Iowa town; deputy shoots suspect
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- Animal rescue agency asks public for leads on puppy left behind at Indianapolis International Airport
- Joel Madden Shares Rare Insight Into Family Life With Queen Nicole Richie and Their 2 Kids
- Michigan responds to Big Ten, saying commissioner doesn’t have discipline authority, AP sources say
- Where will Elmo go? HBO moves away from 'Sesame Street'
- A bear stole a Taco Bell delivery order from a Florida family's porch — and then he came again for the soda
Ranking
- Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
- Sarah Paulson and Holland Taylor's Sweet Comments About Each Other Will Warm Your Heart
- UN nuclear chief says nuclear energy must be part of the equation to tackle climate change
- Bruce Springsteen gives surprise performance after recovering from peptic ulcer disease
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- The Excerpt podcast: Ohio passes abortion ballot measure, Democrats win in Virginia
- Kyler Murray is back. His return could foreshadow a messy future for the Cardinals.
- US launches airstrike on site in Syria in response to attacks by Iranian-backed militias
Recommendation
The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
California DMV suspends permits for Cruise driverless robotaxis
CMA Awards 2023: See the Complete Winners List
When is Aaron Rodgers coming back? Jets QB's injury updates, return timeline for 2023
'We're reborn!' Gazans express joy at returning home to north
Zac Efron, Octavia Spencer and More Stars React to SAG-AFTRA Strike Ending After 118 Days
CMA Awards 2023: See the Complete Winners List
Jeff Bezos' new home 'Billionaire Bunker' island outside Miami has a rich history ‒ literally