The 2023 NFL season was one of, if not the most successful seasons in the history of the league when it came to viewership. That is why it comes as no surprise the the NFL salary cap is set to hit record breaking numbers for the 2024 season. As so many people are tuning in to games this will allow for more money to be spent on the players. It was reported that:
Pro Football Talk’s Mike Florio initially reported that sources anticipate a cap in the range of $242 million to $243 million. That coincides with Spotrac’s $242.5 million estimation.
NFL Salary Cap Predicted To Hit All Time High
Now it is being reported by Florio that we should anticipate the cap to be even higher than that. On Monday Florio shared more to this story saying:
“With a proven record of accuracy in these matters,” He thinks the cap will get closer to $250 million than $243 million.
The salary cap has risen every year over the last three decades which further highlights the incredible job the NFL does consistently doing better. The only year they saw a decline was in 2021 because of the pandemic. Last season the cap climbed all the way to $222.8 million, and now it is reported that the cap will make the biggest jump from season to season ever.
NFL Salary Cap Predicted To Make Biggest Jump In History
If the cap were to go up to $242.5 million that would represent a 7.87 percent increase. That would be similar to the previous season and in line with how the NFL has been growing. Florio said the league ouwld rather a gradual growth instead of a huge spike. Reaching $250 million however would mark the largest increase in a single season in the history of the league.
Most teams would love that extra spending money which would allow for more wiggle room to navigate the cap during the off season. Other teams could use this extra money to keep many of their stars together, so if the cap were to reach that mark we should see teams being able to make a lot more maneuvers than previous seasons.
Related: NFL Has Record Breaking Viewership In Playoffs
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