NFL 2024 Salary Cap Projected to Exceed $240 Million

Booming business and recovery from COVID debt drive record increase, with details to be shared in January.

The NFL is projecting the 2024 salary cap at more than $240 million, an increase of more than $15 million from the current $224.8 million mark.
Ten teams are currently slated to be above the $240 million mark, with the New Orleans Saints coming in at a whopping $333.1 million in cap obligations.
The cap increase is attributed to booming business and the industry finally recovering from the COVID debt.
The NFL is unlikely to share cap details with teams until January as the league and NFLPA hammer out 'open matters.'
The NFL approached $20 billion in revenue during the 2022 season and has shown no signs of slowing down.