The NFL has officially announced the figure for the 2024 salary cap.
The league announced Friday that it have set the salary cap at $255.4 million, a much higher figure than what was expected league wide. The 2023 salary cap was $224.8 million, meaning the 2024 number is a jump of more than $30 million.
According to a December update from NFL Network, the cap was reportedly going to be around the $240-million mark.
How does that affect the Chargers?
The Bolts are now currently projected to be roughly $22 million over the cap, according to Over the Cap, a site that tracks each team's approximate cap space.
The 2024 NFL New League Year begins at 1 p.m. (PT) on March 13. All NFL teams must be under the salary cap by then.
Bolt Up!
Be the first to learn about 2024 Chargers Season Tickets
