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NFL confirms record breaking salary cap of $255.5M for 2024 season

NFL Baltimore (Organization) Ian Rapoport Ravens

The 2024 NFL offseason is underway for Baltimore, and the Ravens’ focus will shift to reshaping the roster to fit two new coordinators on both sides of the ball.

The 2024 cap is expected to exceed $255 million, according to NFL Network’s Ian Rapoport, and where things currently stand, Baltimore is expected to have roughly $21 million in cap space.

Salary cap news:

The NFL announced that the 2024 Salary Cap will be $255.4M per club, with an additional $74M per club payment for player benefits, which includes Performance Based Pay and benefits for retired players. Total 2024 player costs will be $329.4M per club, or more…

— Ian Rapoport (@RapSheet) February 23, 2024

The Ravens voided four contracts on Monday, accruing $8.3 million in a dead salary cap hit.

Baltimore will enter the 2024 NFL free agency with urgent decisions to make on Justin Madubuike, Patrick Queen, and 20+ other unrestricted free agents.

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