Current:Home > ContactNFL has 'unprecedented' $30 million salary cap increase 2024 season -WealthSphere Pro
NFL has 'unprecedented' $30 million salary cap increase 2024 season
View
Date:2025-04-17 17:49:24
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! (673)
Related
- Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
- Baldwin touts buy-American legislation in first Senate re-election campaign TV ad
- Lawsuit filed against MIT accuses the university of allowing antisemitism on campus
- Jersey Shore’s Mike “The Situation” Sorrentino and Wife Lauren Sorrentino Welcome Baby No. 3
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- Elon Musk and OpenAI CEO Sam Altman, once allies, no longer see eye to eye. Here's why.
- 5 Most Searched Retinol Questions Answered by a Dermatologist
- Letting go of a balloon could soon be illegal in Florida: Balloon release bans explained
- $73.5M beach replenishment project starts in January at Jersey Shore
- Jake Paul fight against Mike Tyson is announced for July 20 and will be streamed live on Netflix
Ranking
- 'We're reborn!' Gazans express joy at returning home to north
- 17-year-old boy dies after going missing during swimming drills in the Gulf of Mexico
- Iowa poised to end gender parity rule for governing bodies as diversity policies targeted nationwide
- US applications for jobless claims hold at healthy levels
- Could your smelly farts help science?
- Women's basketball conference tournaments: Tracking scores, schedules for top schools
- State of the Union guests spotlight divide on abortion and immigration but offer some rare unity
- Massachusetts bill aims to make child care more accessible and affordable
Recommendation
Grammy nominee Teddy Swims on love, growth and embracing change
For Kevin James, all roads lead back to stand-up
Apple releases iOS 17.4 update for iPhone: New emoji, other top features
Denise Richards Looks Unrecognizable With New Hair Transformation
Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
Judge denies Trump relief from $83.3 million defamation judgment
Tennessee lawmakers advance bill to undo Memphis’ traffic stop reforms after Tyre Nichols death
March Madness bubble watch: Could St. John's really make the NCAA men's tournament?