Current:Home > reviewsNFL has 'unprecedented' $30 million salary cap increase 2024 season -Prime Money Path
NFL has 'unprecedented' $30 million salary cap increase 2024 season
View
Date:2025-04-13 02:43:34
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! (38)
Related
- Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
- Misinformation is flowing ahead of Ohio abortion vote. Some is coming from a legislative website
- Deaf family grieves father of 4 and beloved community leader who was killed in Maine shootings
- Kate Hudson Reflects on Conversations With Late Matthew Perry About Trials and Tribulations of Love
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- Zoos and botanical gardens find Halloween programs are a hit, and an opportunity
- Travis Barker talks past feelings for Kim Kardashian, how Kourtney 'healed' fear of flying
- Sports Equinox is today! MLB, NFL, NBA and NHL all in action for only time in 2023
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- Pope says it's urgent to guarantee governance roles for women during meeting on church future
Ranking
- Nearly half of US teens are online ‘constantly,’ Pew report finds
- Ivanka Trump testimony delayed to Nov. 8, will follow dad Donald Trump on stand at civil fraud trial
- Group seeks to clear names of all accused, convicted or executed for witchcraft in Massachusetts
- Española man receives 35-year sentence for 5-year-old stepdaughter’s beating death
- Biden administration makes final diplomatic push for stability across a turbulent Mideast
- Vonage customers to get nearly $100 million in refunds over junk fees
- Visitors will be allowed in Florence chapel’s secret room to ponder if drawings are Michelangelo’s
- Ex-North Dakota lawmaker charged with traveling to Czech Republic for sex with minor
Recommendation
John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
First date at Cheesecake Factory? List of worst date spots hits internet amid hot debate
Horoscopes Today, October 30, 2023
Heavily armed man with explosives found dead at Colorado amusement park prompting weekend search
The Super Bowl could end in a 'three
Biden administration takes on JetBlue as its fight against industry consolidation goes to court
Stellantis expects North American strike to cost it 750 million euros in third-quarter profits
Stellantis, UAW reach tentative deal on new contract, sources say