Current:Home > NewsNFL has 'unprecedented' $30 million salary cap increase 2024 season -Profound Wealth Insights
NFL has 'unprecedented' $30 million salary cap increase 2024 season
View
Date:2025-04-13 20:41:43
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! (9)
Related
- Meet first time Grammy nominee Charley Crockett
- Experts weigh medical advances in gene-editing with ethical dilemmas
- Exodus From Canada’s Oil Sands Continues as Energy Giants Shed Assets
- Private opulence, public squalor: How the U.S. helps the rich and hurts the poor
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- The Coral Reefs You Never Heard of, in the Path of Trump’s Drilling Plan
- Why Halle Bailey Says Romance With Rapper DDG Has Been Transformative
- Pittsburgh synagogue shooter found guilty in Tree of Life attack
- Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
- Michigan man arrested for planning mass killing at synagogue
Ranking
- $73.5M beach replenishment project starts in January at Jersey Shore
- Why Miley Cyrus Wouldn't Want to Erase Her and Liam Hemsworth's Relationship Despite Divorce
- Is Climate Change Fueling Tornadoes?
- Got muscle pain from statins? A cholesterol-lowering alternative might be for you
- What to watch: O Jolie night
- UPS workers vote to strike, setting stage for biggest walkout since 1959
- It Ends With Us: See Brandon Sklenar and Blake Lively’s Chemistry in First Pics as Atlas and Lily
- Uh-oh. A new tropical mosquito has come to Florida. The buzz it's creating isn't good
Recommendation
New data highlights 'achievement gap' for students in the US
Scientists Track a Banned Climate Pollutant’s Mysterious Rise to East China
This is the period talk you should've gotten
Celebrity Hairstylist Kim Kimble Shares Her Secret to Perfecting Sanaa Lathan’s Sleek Ponytail
Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
Jersey Shore’s Nicole Polizzi Hilariously Reacts to Her Kids Calling Her “Snooki”
Spills on Aging Enbridge Pipeline Have Topped 1 Million Gallons, Report Says
Exxon Shareholders Approve Climate Resolution: 62% Vote for Disclosure