Current:Home > FinanceNFL has 'unprecedented' $30 million salary cap increase 2024 season -Summit Capital Strategies
NFL has 'unprecedented' $30 million salary cap increase 2024 season
View
Date:2025-04-17 07:35:44
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! (4237)
Related
- DoorDash steps up driver ID checks after traffic safety complaints
- Shawn Johnson Is Pregnant, Expecting Baby No. 3 With Husband Andrew East
- Educator, Environmentalist, Union Leader, Senator, Paul Pinsky Now Gets to Turn His Climate Ideals Into Action
- Illinois Put a Stop to Local Governments’ Ability to Kill Solar and Wind Projects. Will Other Midwestern States Follow?
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- Get a 16-Piece Cookware Set With 43,600+ 5-Star Reviews for Just $84 on Prime Day 2023
- ‘Green Hydrogen’ Would Squander Renewable Energy Resources in Massachusetts
- Nordstrom Anniversary Sale 2023: The Influencers' Breakdown of the Best Early Access Deals
- Questlove charts 50 years of SNL musical hits (and misses)
- Why Travis King, the U.S. soldier who crossed into North Korea, may prove to be a nuisance for Kim Jong Un's regime
Ranking
- The Best Stocking Stuffers Under $25
- Get a 16-Piece Cookware Set With 43,600+ 5-Star Reviews for Just $84 on Prime Day 2023
- Annoyed With Your Internet Connection? This Top-Rated Wi-Fi Extender Is on Sale for $18 on Prime Day 2023
- Holiday Traditions in the Forest Revive Spiritual Relationships with Nature, and Heal Planetary Wounds
- Former longtime South Carolina congressman John Spratt dies at 82
- Maryland, Virginia Race to Save Dwindling Commercial Fisheries in the Chesapeake Bay
- Road Salts Wash Into Mississippi River, Damaging Ecosystems and Pipes
- One of the World’s Coldest Places Is Now the Warmest it’s Been in 1,000 Years, Scientists Say
Recommendation
Stamford Road collision sends motorcyclist flying; driver arrested
Make Traveling Less Stressful With These 15 Amazon Prime Day 2023 Deals
Restoring Watersheds, and Hope, After New Mexico’s Record-Breaking Wildfires
In Pennsylvania, Home to the Nation’s First Oil Well, Environmental Activists Stage a ‘People’s Filibuster’ at the Bustling State Capitol
Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
Kate Spade 24-Hour Flash Deal: Get a $280 Convertible Crossbody Bag for Just $87
Lisa Vanderpump Has the Best Idea of Where to Put Her Potential Vanderpump Rules Emmy Award
Pittsburgh Selects Sustainable Startups Among a New Crop of Innovative Businesses