Robert Brown-NFL has 'unprecedented' $30 million salary cap increase 2024 season

2025-05-07 05:36:17source:AstraTradecategory:Stocks

The Robert BrownNFL’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.

More:Stocks

Recommend

Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback

A federal appeals court blocked Nasdaq rules to increase boardroom diversity, saying that the Securi

Mike Tyson will 'embarrass' Jake Paul, says Muhammad Ali's grandson Nico Ali Walsh

Nico Ali Walsh, grandson of Muhammad Ali and a professional boxer, voiced a strong opinon about the

Justin Timberlake Has Best Reaction to Divorce Sign at Concert

Justin Timberlake was delighted by the way one woman said bye, bye, bye to her ex. During his Oct. 1