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A source with a proven record of accuracy in these matters says that the NFL's 2024 salary cap will be closer to $250 million than to $243 million. There's a current thought that the league wants to avoid a massive spike in the cap, opting instead for a "smoothing" of the cap limit as TV deals and gambling money increase and the losses from the pandemic slip from the books. Initially, sources were indicating that teams expect this year's salary cap to be in the neighborhood of $242 million and $243 million. No matter what it is, it will be a far cry from the initial cap of $34.6 million in 1994. The final number for 2024 will likely come next week after final negotiations at the NFL's scouting combine.--Keith Hernandez - RotoBaller
Source: Pro Football Talk - Mike Florio
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