Good news for cash strapped teams such as the New York Jets as the NFL salary cap is going to be going up by roughly $30 million for the 2024 season. This, according to NFL insider Ian Rapoport.
Salary cap news:
The NFL announced that the 2024 Salary Cap will be $255.4M per club, with an additional $74M per club payment for player benefits, which includes Performance Based Pay and benefits for retired players. Total 2024 player costs will be $329.4M per club, or more…
— Ian Rapoport (@RapSheet) February 23, 2024
With less than $5 million in cap space, this news will be warmly received by Joe Douglas and company.