On Friday, the NFL announced the 2024 salary cap at a whopping $255.4 million, which is an unprecedented $30+ million increase from last season. We’ve been following the projections of the salary cap over the past few weeks, which at first was estimated around $243 million, then speculated to be about $250 million, and now settles in at the higher amount.
The NFL announced today that 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.