Current:Home > InvestNFL has 'unprecedented' $30 million salary cap increase 2024 season -BrightFutureFinance
NFL has 'unprecedented' $30 million salary cap increase 2024 season
View
Date:2025-04-13 03:15:25
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! (87)
Related
- All That You Wanted to Know About She’s All That
- Rapper Ka Dead at 52
- 1-seat Democratic margin has Pennsylvania House control up for grabs in fall voting
- Cowboys' Jerry Jones gets testy in fiery radio interview: 'That's not your job'
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- Lowriding is more than just cars. It’s about family and culture for US Latinos
- Lowriding is more than just cars. It’s about family and culture for US Latinos
- Kelly Ripa Jokes About Wanting a Gray Divorce From Mark Consuelos
- Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
- Who am I? A South Korean adoptee finds answers about the past — just not the ones she wants
Ranking
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- Yankees ride sluggers and wild pitches to ALCS Game 1 win vs. Guardians: Highlights
- Social Security will pay its largest checks ever in 2025. Here's how much they'll be
- Two suspects arrested after shooting near Tennessee State homecoming left 1 dead, 9 injured
- North Carolina justices rule for restaurants in COVID
- Georgia judge rules county election officials must certify election results
- Jim Harbaugh heart condition: Why Chargers coach left game with 'atrial flutter'
- Is tonsillitis contagious? Here’s what you need to know about this common condition.
Recommendation
Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
Wolves' Donte DiVincenzo, Knicks assistant have to be separated after game
Walgreens to close 1,200 US stores in an attempt to steady operations at home
Arkansas Supreme Court rejects challenge to ballot measure that would revoke casino license
Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
Lowriding is more than just cars. It’s about family and culture for US Latinos
The Daily Money: America's retirement system gets a C+
NFL Week 6 overreactions: Jets playoff bound with Davante Adams, Lions' title hopes over