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What does NFL salary cap increase really mean? Three league executives weigh in

Just before the NFL scouting combine kicks off, the league released key information to its clubs Friday.

The 2024 salary cap, the NFL announced in a release, will be $255.4 million per club. Each club will also receive an additional $74 million for performance-based pay and benefits for retired players.

The distribution of the league’s whopping $10.5 billion came with some context from the league.

“The unprecedented $30 million increase per club in this year’s Salary Cap,” the release said, “is the result of the full repayment of all amounts advanced by the clubs and deferred by the players during the Covid pandemic as well as an extraordinary increase in media revenue for the 2024 season.