The NFL set the 2024 salary cap and announced it will be $255.4 million. It is an increase of more than $30 million, the largest increase ever.
It was more than expected. Early projections expected the cap to increase to about $242 million.
New media contracts and paying back deferred benefits because of the COVID pandemic led to the increase.
What does this mean for the Arizona Cardinals? How much cap space do they have?
It depends on the source.
Spotrac has the Cardinals with $57.5 million in cap space, ranked 10th in the league.
Over the Cap has the Cardinals at $53.05 million in space, which is the eighth-highest total.
According to ESPN’s roster management system, the Cardinals have $59.3 million in cap space.
Whatever the exact number, they do have plenty of money to make moves in free agency, whatever they plan those to be.
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