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NFL salary cap jumps to $255.4 million

Summary by Ground News
The NFL's salary cap for 2024 will be $255.4 million, up a record $30.6 million from last year. The cap number has gone from $198.2 million in 2020 to $182.5 million in 2021 following the COVID-19 pandemic. The increased cap total could impact how teams use the franchise tag.

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The North American football league NFL has raised the salary cap more than ever before in its history. In future, NFL teams will be able to spend 255.4 million dollars (around 236 million euros) on player salaries, the league announced on Friday. Previously, the so-called salary cap was 224.8 million dollars — and thus 30.6 million lower. The last increase so far in the previous year raised the limit by 16.6 million dollars. “The unprecedented $…

·Vienna, Austria
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Omaha World-HeraldOmaha World-Herald
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NFL salary cap jumps to $255.4 million

NEW YORK — The NFL’s salary cap for 2024 will be $255.4 million, up a record $30.6 million from last year.

·Omaha, United States
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The National Football League (NFL) announced an unprecedented salary cap of $255.4 million per team for the 2024 season. This increase represents an increase of 13.6% compared to 2023. This represents more than a boom in revenues, it marks the beginning of a new phase in the history of the league. Record $30.6 million increase in NFL The $30.6 million increase is the biggest in the NFL's free agency era. This change may alter the free agent mark…

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Fox Sports broke the news in United States on Friday, February 23, 2024.
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