The NFL announced Friday its income cap for the 2024 season will be a report $255.4 million.
The New England Patriots are now currently projected to have $87.3 million in cap room, in accordance to Patriots revenue cap professional Miguel Benzan. That variety will probable leave the Patriots with the second-most cap house in the league. New England can create even greater room, as the expected release of cornerback J.C. Jackson will depart the group with over $100 million in space.
New England won’t be shy from the usage of their amply assets to redecorate their roster. Last month, head instruct Jerod Mayo shared the Patriots are planning to spend this offseason.
“We’re bringing in talent, 1,000 percent,” Mayo said on WEEI. “We have a lot of cap area — and cash. We’re equipped to burn some cash!”
Beyond adding outdoor talent, New England can also used the additional room on their interior free agents. That group is highlighted by offensive lineman Michael Onwenu, safety Kyle Dugger, tight end Hunter Henry, and skip rusher Josh Uche.
The NFL also officially introduced the franchise tag numbers, which the Patriots could additionally use on one of their inside options.
This year’s cap number is a roughly $30 million extend from closing season’s number. According to the league, the “unprecedented $30 million enlarge per club in this year’s Salary Cap is the result of the full compensation of all amounts superior by means of the golf equipment and deferred with the aid of the gamers all through the Covid pandemic as well as an super enlarge in media revenue for the 2024 season.”
NFL free company will officially open on Monday, March 11, which marks the start of the league’s “legal tampering” period. Players will then be free to sign new contracts on the legit begin of the NFL’s new 12 months on Wednesday, March 13, at four p.m.
