Current:Home > reviewsNFL has 'unprecedented' $30 million salary cap increase 2024 season -InvestTomorrow
NFL has 'unprecedented' $30 million salary cap increase 2024 season
View
Date:2025-04-12 09:42:06
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! (731)
Related
- Bodycam footage shows high
- Sammy Hagar is selling his LaFerrari to the highest bidder: 'Most amazing car I’ve ever owned'
- Jimmy Buffett honored with tribute performance at CMAs by Kenny Chesney, Alan Jackson, more
- Police say 2 Jewish schools in Montreal were hit by gunshots; no injuries reported
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- The Census Bureau sees an older, more diverse America in 2100 in three immigration scenarios
- Nigeria’s president signs controversial bill for a presidential yacht and SUVs for lawmakers
- Giannis Antetokounmpo couldn't believe he was ejected from Bucks' win over Pistons
- Military service academies see drop in reported sexual assaults after alarming surge
- Robert De Niro attends closing arguments in civil trial over claims by ex personal assistant
Ranking
- 'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
- Karlie Kloss Says She Still Gets Trolled for 2019 Camp Met Gala Look
- Uzbekistan hosts summit of regional economic alliance
- 'Profound betrayal': Los Angeles investigator charged after stealing from dead bodies, DA says
- Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
- In-n-Out announces expansion to New Mexico by 2027: See future locations
- Wynonna Judd on opening CMA Awards performance with rising star Jelly Roll: 'It's an honor'
- Actors strike ends: SAG-AFTRA leadership OKs tentative deal with major Hollywood studios
Recommendation
Meta donates $1 million to Trump’s inauguration fund
Bleu Royal diamond, a gem at the top of its class, sells for nearly $44 million at Christie's auction
Revisiting Bears-Panthers pre-draft trade as teams tangle on 'Thursday Night Football'
‘Greed and corruption': Federal jury convicts veteran DEA agents in bribery conspiracy
Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
Why it's so tough to reduce unnecessary medical care
'Profound betrayal': Los Angeles investigator charged after stealing from dead bodies, DA says
Cleaning agent found in the bottled drink that sickened a man and triggered alarm in Croatia