Last week, the NFL dropped a bombshell: in 2024, the league’s salary cap would be set at $255.4 million.
After this record-setting increase, we calculated that the Kansas City Chiefs would have about $28 million in cap space to begin the offseason.
The salary-cap site Spotrac — generally the source for our contract numbers — began Tuesday with the Chiefs’ cap number at $28.3 million. But by the end of the day, their estimate had been reduced to $17.5 million.
So what is to blame for Kansas City’s incredible, shrinking salary cap?