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NFL announces $30 million increase for 2024 salary cap

The NFL league office officially announced a record-high NFL salary cap of $255.4 million for the 2024 season, Ian Rapoport of NFL Network shared Friday. The salary cap was at $224.8 million in the 2023 season, having seen a $16.6 million increase from the previous year, making this $30 million increase unprecedented.

That is excellent news for the Pittsburgh Steelers, who were sitting just over $6 million over the previously projected salary cap of $242 million before the announcement.

Salary cap news:

The NFL announced that the 2024 Salary Cap will be $255.