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What the new salary cap number means for the Chiefs

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On Friday, the NFL announced that the 2024 salary cap will be set at $255.4 million. The news instantly sent shockwaves through the sports media landscape. The number represents a $30 million increase from the 2023 spending limit.

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.

— Tom Pelissero (@TomPelissero) February 23, 2024

At Arrowhead Pride, we predicted the Kansas City Chiefs would begin the offseason with approximately $15.