NFL announces massive pay cap increase for the 2024 season.

The recent announcement by the NFL regarding the increase in the salary cap to $255.4 million provides the Dallas Cowboys and other teams with more flexibility in managing their finances.

This significant increase, amounting to $30 million more than last season, is attributed to several factors, including full repayments by clubs on advancements during the Covid pandemic and an unexpected rise in media revenue for the 2024 season.

With the Cowboys previously facing concerns about potential cap limitations, this development puts them in a better position than anticipated. While there are varying estimates of their current cap space, it’s evident that they have more room to maneuver than initially forecasted.

Additionally, the NFL’s allocation of an extra $74 million to each team for player benefits and retired players further enhances the financial landscape for franchises across the league.