Current:Home > StocksNFL has 'unprecedented' $30 million salary cap increase 2024 season -Secure Growth Solutions
NFL has 'unprecedented' $30 million salary cap increase 2024 season
View
Date:2025-04-14 20:20:02
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! (6224)
Related
- Illinois governor calls for resignation of sheriff whose deputy fatally shot Black woman in her home
- Police bodycam video shows arrest of suspect in 1996 killing of Tupac Shakur
- Montez Ford: Street Profits want to reassert themselves in WWE, talks Jade Cargill signing
- The Best Holiday Beauty Gift Sets of 2023: Dyson, Rare Beauty, Olaplex & More
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- Mortgage rates haven't been this high since 2000
- Giraffe feces seized at the border from woman who planned to make necklaces with it
- Pakistan says its planned deportation of 1.7 million Afghan migrants will be ‘phased and orderly’
- Immigration issues sorted, Guatemala runner Luis Grijalva can now focus solely on sports
- What's plaguing Paris and why are Catholics gathering in Rome? Find out in the quiz
Ranking
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- Fire in Lebanese prison leaves 3 dead and 16 injured
- The 2024 Girl Scout cookie season will march on without popular Raspberry Rally cookies
- Getting a $7,500 tax credit for an electric car will soon get a lot easier
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- Biden's Title IX promise to survivors is overdue. We can't wait on Washington's chaos to end.
- Stock market today: Asian benchmarks mostly rise in subdued trading on US jobs worries
- Will Mauricio Umansky Watch Kyle Richards Marriage Troubles Play Out on RHOBH? He Says...
Recommendation
Rylee Arnold Shares a Long
How did Uruguay cut carbon emissions? The answer is blowing in the wind
Sarah Jessica Parker Proves She's Carrie Bradshaw IRL With Mismatched Shoes and Ribboncore Look
Economic spotlight turns to US jobs data as markets are roiled by high rates and uncertainties
Former Milwaukee hotel workers charged with murder after video shows them holding down Black man
Type 2 diabetes is preventable. So why are more people getting it? : 5 Things podcast
A Hong Kong man gets 4 months in prison for importing children’s books deemed to be seditious
Connecticut woman arrested, suspected of firing gunshots inside a police station