Current:Home > FinanceNFL has 'unprecedented' $30 million salary cap increase 2024 season -Wealth Legacy Solutions
NFL has 'unprecedented' $30 million salary cap increase 2024 season
View
Date:2025-04-13 23:13:52
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! (44)
Related
- Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
- Browns vs. Texans playoff preview: AFC rematch in wild-card round
- New video shows Republican congressman scolding Jan. 6 rioters through barricaded House Chamber
- Slovenian rescuers hopeful they will bring out 5 people trapped in a cave since Saturday
- Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
- Dua Lipa's Bone Dress Just Might Be the Most Polarizing Golden Globes Look
- Will Changes to Medicare Coverage Improve the Mental Health Gap?
- Air attack in northwestern Myanmar kills 17, including children, but military denies responsibility
- Meet first time Grammy nominee Charley Crockett
- 'Feed somebody you don’t know': Philadelphia man inspires, heals through food
Ranking
- New data highlights 'achievement gap' for students in the US
- Tom Brady? Jim Harbaugh? J.J. McCarthy? Who are the greatest Michigan quarterbacks ever?
- Golden Globes 2024 Red Carpet Fashion: See Every Look as the Stars Arrive
- Horoscopes Today, January 7, 2024
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- Eagles wide receiver A.J. Brown ruled out after suffering knee injury vs. Giants
- Swan song? Titans RB Derrick Henry thanks fans in what could be final game in Tennessee
- How The Dark Knight's Christopher Nolan Honored Heath Ledger at 2024 Golden Globes
Recommendation
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
Patrick J. Adams Reveals His Thoughts on a Suits Spinoff With Meghan Markle
Biggest moments you missed at the Golden Globes, from Jennifer Lawrence to Cillian Murphy
Cowboys kicker Brandon Aubrey has perfect regular season come to end on a block
'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
Ben Affleck and Matt Damon Are the Ultimate BFF Duo at the 2024 Golden Globes
See Meryl Streep and Emily Blunt's Groundbreaking Devil Wears Prada Reunion at Golden Globes 2024
Eagles wide receiver A.J. Brown ruled out after suffering knee injury vs. Giants