Current:Home > InvestNFL has 'unprecedented' $30 million salary cap increase 2024 season-LoTradeCoin
NFL has 'unprecedented' $30 million salary cap increase 2024 season
View Date:2024-12-23 16:54:53
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! (7151)
Related
- As the transition unfolds, Trump eyes one of his favorite targets: US intelligence
- King Charles III celebrates first Trooping the Colour as monarch
- Girlfriend of Football Player Spencer Webb Gives Birth to Baby 8 Months After His Death
- Suspect charged in stabbing of 4 French children; victims no longer in life-threatening condition
- Missouri prosecutor says he won’t charge Nelly after an August drug arrest
- DWTS Pro Gleb Savchenko's Thoughts on Julianne Hough Returning as Co-Host Deserve a 10
- A virgin crocodile made herself pregnant in a first for her species, researchers say
- Untangling the Drama Swirling Around TikTok as Talk of a Ban Heats Up
- Maryland man wanted after 'extensive collection' of 3D-printed ghost guns found at his home
- New York City hits moderate air quality for first time in days – but the situation could be a long-duration event
Ranking
- Cold case arrest: Florida man being held in decades-old Massachusetts double murder
- Attack on Democratic Republic of Congo camp for displaced people reportedly leaves at least 23 children dead
- Lamar Odom Invests in Addiction Treatment Centers After His Own Health Journey
- The New lululemon & Madhappy Run Collection Is Finally Here to Upgrade Your Spring Sportswear
- The Daily Money: All about 'Doge.'
- Belarus now has Russian nuclear weapons three times more powerful than those used on Japan, leader says
- The New lululemon & Madhappy Run Collection Is Finally Here to Upgrade Your Spring Sportswear
- 19 new bodies recovered in Kenya doomsday cult, pushing death toll past 300
Recommendation
-
Voters in California city reject measure allowing noncitizens to vote in local races
-
Justine Bateman’s Message on Aging Gracefully Is Beyond Refreshing
-
Men's Spending Habits Result In More Carbon Emissions Than Women's, A Study Finds
-
Archaeologists find buried mummy surrounded by coca leaves next to soccer field in Peru's capital
-
The 15 quickest pickup trucks MotorTrend has ever tested
-
Joran van der Sloot, prime suspect in Natalee Holloway case, arrives in U.S. to face charges
-
Ecuadoran woman who knocked on coffin during her own wake has died
-
Barbie Ferreira Reveals the Truth About Her Euphoria Exit