The NFL salary cap experiences a significant boost in an unprecedented rise
The NFL announced that the salary cap for the 2024 season will increase by an unprecedented $30 million per club, from $224.8 million in 2023 to $255.4 million. This increase is due to the full repayment of amounts advanced during the pandemic and a rise in media revenue. Additionally, there will be an extra $74 million payment per club for player benefits. This marks the third consecutive year of salary cap increases and it has more than doubled since 2011. The news is a boost for NFL teams and players as they plan for the upcoming season.
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