The salary cap for the 2024 NFL season will be $255.4 million per club, the league announced in a statement obtained by NFL Network’s Mike Garafolo.
An additional $74 million will be given per team for player benefits, which include performance-based pay and benefits for retired players. The total 2024 player costs will be $329.4 million per club, or $10.5 billion league-wide.
The unprecedented $30-million increase from the 2023 salary cap is a result of the full repayment of all amounts advanced by the clubs and deferred by players during the COVID-19 pandemic, as well as the increase in media revenue for the upcoming season.
Salary cap Year
$255.4M 2024
$224.8M 2023
$208.2M 2022
$182.5M 2021
$198.2M 2020
