Which NFL teams have the most salary cap space in 2024?

The NFL salary cap is a limit set by the league that each of the 32 NFL franchises can spend on player salaries and bonuses for the upcoming league year. This cap limit is calculated based on projected revenues and collectively bargained agreements to ensure competitive balance across the league.

NFL teams must stay under the salary cap or face penalties and fines. The new NFL league year begins on March 13, and on that date, teams will need to ensure that they are under the salary cap.

The final cap limit is expected to be confirmed by the NFL next week. Initial reports suggested a figure of around $242 million, but according to NBC’s Mike Florio, it could be as high as $250 million. This is great news for teams with plenty of cap space, as they can chase big-money free agents next month during the free agency period.

According to Over the Cap, a website that tracks NFL player contracts and salary cap information, here is a breakdown of how much cap space each team has estimated at $242 million. Teams currently over the cap must make roster cuts or contract restructures to comply with the final cap figure.

In conclusion, the NFL salary cap is a vital mechanism that ensures the league’s competitive balance. With the upcoming 2024 season, teams are already preparing for the free agency period, updating their NFL draft boards, and making roster decisions to stay under the salary cap and maintain a competitive edge.

NFL teams with the most salary cap space in 2024