Current:Home > reviewsNFL has 'unprecedented' $30 million salary cap increase 2024 season -WealthPro Academy
NFL has 'unprecedented' $30 million salary cap increase 2024 season
View
Date:2025-04-14 03:14:41
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! (4313)
Related
- Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
- Married at First Sight's Jamie Otis Gives Birth, Welcomes Twins With Doug Hehner
- S&P 500, Dow hit record highs after Fed cuts rates. What it means for your 401(k).
- Cards Against Humanity sues Elon Musk's SpaceX over land bought to curb Trump border wall
- DoorDash steps up driver ID checks after traffic safety complaints
- Alabama lawmaker arrested on domestic violence charge
- Penn State removes its student newspaper racks over concerns about political ads
- Miley Cyrus Makes Rare Public Appearance During Outing With Boyfriend Maxx Morando
- Boy who wandered away from his 5th birthday party found dead in canal, police say
- Court takes ‘naked ballots’ case over Pennsylvania mail-in voting
Ranking
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- Over 137,000 Lucid beds sold on Amazon, Walmart recalled after injury risks
- NFL bold predictions: Who will turn heads in Week 3?
- Mississippi mayor says a Confederate monument is staying in storage during a lawsuit
- Report: Lauri Markkanen signs 5-year, $238 million extension with Utah Jazz
- Kathryn Crosby, actor and widow of famed singer and Oscar-winning actor Bing Crosby, dies at 90
- Katy Perry Reveals How She and Orlando Bloom Navigate Hot and Fast Arguments
- 'Marvel at it now:' A’ja Wilson’s greatness on display as Aces pursue WNBA three-peat
Recommendation
Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
See Khloe Kardashian’s Delicious Chocolate Hair Transformation
Wisconsin Supreme Court agrees to decide whether Robert F. Kennedy Jr. stays on ballot
Jessie Bates ready to trash talk Travis Kelce Sunday night using Taylor Swift
Tropical rains flood homes in an inland Georgia neighborhood for the second time since 2016
Police chase in NYC, Long Island ends with driver dead and 7 officers, civilian taken to hospitals
Mississippi mayor says a Confederate monument is staying in storage during a lawsuit
A funeral mass is held for a teen boy killed in a Georgia high school shooting