Salary cap could exceed $240M in 2024

Business is booming in the NFL and teams expect to have a big bump in the salary cap next year.

The NFL could see a big jump in the salary cap in 2024. According to Tom Pelissero and Ian Rapoport, it is believed that the cap will increase to more than $240 million.

This year’s cap is $224.8 million.

All teams are out of debt from the COVID seasons and, as one source said, “business is booming.”

The league will not make an announcement until an agreement with the NFLPA has been made, not expected to come until after the start of the new year.

The Cardinals are expected to have more than $55 million in cap space to start the offseason.

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