Current:Home > MarketsNFL has 'unprecedented' $30 million salary cap increase 2024 season -Legacy Profit Partners
NFL has 'unprecedented' $30 million salary cap increase 2024 season
View
Date:2025-04-28 00:19:05
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! (13)
Related
- See you latte: Starbucks plans to cut 30% of its menu
- AP Week in Pictures: Asia
- Single women in the U.S. own more homes than single men, study shows
- 2023 was the worst year to buy a house since the 1990s. But there's hope for 2024
- Global Warming Set the Stage for Los Angeles Fires
- U.S. House hearing on possible college sports bill provides few answers about path ahead
- A rising tide of infrastructure funding floats new hope for Great Lakes shipping
- Fans sue Madonna, Live Nation over New York concert starting 2 hours late
- Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
- Boeing 747 cargo plane makes emergency landing shortly after takeoff at Miami airport
Ranking
- Average rate on 30
- From things that suck to stars that shine — it's the weekly news quiz
- Kidnapping of California woman that police called a hoax gets new attention with Netflix documentary
- Kelly Osbourne calls her remarks about Trump and Latinos the 'worst thing I've ever done'
- Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
- Subway adds 3 new foot-long items to its menu. Hint: None of them are sandwiches
- Dolly Parton celebrates her birthday with a bonus edition of her 'Rockstar' album
- Prince Harry drops libel case against Daily Mail after damaging pretrial ruling
Recommendation
Meta releases AI model to enhance Metaverse experience
Henderson apologizes to LGBTQ+ community for short-lived Saudi stay after moving to Ajax
Jack Burke Jr., who was oldest living member of World Golf Hall of Fame, dies at 100
AP Week in Pictures: Europe and Africa
IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
Stanford's Tara VanDerveer will soon pass Mike Krzyzewski for major coaching record
Friends of Kaylin Gillis, woman shot after turning into wrong driveway, testify in murder trial: People were screaming
Stock market today: Global stocks track Wall Street gains and Japan’s inflation slows