Browns Receive Added Flexibility As NFL Announces $30 Million Boost In Salary Cap
Contrary to popular belief, the NFL salary cap is real. It just continues to go up at an exponential rate.
On Friday the league officially announced the official cap number for 2024, which saw an unprecedented jump of more than $30 million to a whopping $255.4 million figure. Last season the salary cap was just under $225 million.
The increase this offseason represents the largest single year jump in the cap since it was first installed in 1994. The previous single season increase was before the 2022 season where it jumped by $25.7 million.
The league cited a couple reasons for the record setting boom. Chief Chief among them was a repayment of all amounts advanced by the clubs and deferred by the players during the Covid pandemic. Additionally, the league saw an increase in media revenue for the upcoming season.
For the Browns, this historic increase in cap space is a huge deal as general manager Andrew Berry attempts to navigate the treacherous waters of an expensive roster. Based on the original cap estimation of $243 million that was floated earlier this offseason, Cleveland was slated to be more than $20 million over the cap, even with $30 million in 2023 rollover space tacked on top of it.
