buckeyepackfan
a month ago



Earlier this afternoon, the NFL announced that the 2024 Salary Cap will be $255.4 million per club, with an additional $74 million per club payment for player benefits, which includes Performance Based Pay and benefits for retired players. Total 2024 player costs will be $329.4 million per club, or more than $10.5 billion league-wide.

The unprecedented $30 million increase per club in this year’s Salary Cap is the result of the full repayment of all amounts advanced by the clubs and deferred by the players during the Covid pandemic as well as an extraordinary increase in media revenue for the 2024 season.

Now, before Packers fans start having images of high priced free agents suddenly being on offer next month remember two things:

1. They're still the Packers, and will operate accordingly. 

2. Every other team has the benefit of this increase. 

That said, it will be interesting to see how the Packers approach an offseason that should certainly open up a few opportunities when it comes to not only filling a roster hole or two in free agency, but locking up and extending some of their own guys. 

Teams have until 4 p.m. et on March 13th, when the new league year begins, to get under the salary cap before the free agency period officially opens, with the "legal tampering" period beginning March 11th. 

As for where the Packers currently stand cap-wise, [URL=https://twitter.com/KenIngalls/status/1761090456723525841" target="_blank]Ken has you covered[/URL]:



Without adjusting for the estimated increases for ERFAs, draft picks, or their proven performance escalators.

I now have the Packers at $2.8M under the cap today, while effectively being $15.5 over the cap for the start of the season.

— Ken Ingalls - Packers Cap 💰 (@KenIngalls) February 23, 2024 





Continue Reading @ CheeseheadTV 

CheeseheadTV wrote:


I was addicted to The Hokey Pokey, but I turned myself around!
wpr
  • wpr
  • Preferred Member
a month ago
A few years ago it was rumored there was going to be a large jump in the cap. Looks like it is finally here. Probably means they can keep Bak if they want to.
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Zero2Cool
a month ago
Every year it's about 10% increase, isn't it? The 2020 and 2021 seasons were probably different though.
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wpr
  • wpr
  • Preferred Member
a month ago

Every year it's about 10% increase, isn't it? The 2020 and 2021 seasons were probably different though.

Originally Posted by: Zero2Cool 



I think the media compensation package is a factor as well.
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Zero2Cool
a month ago
Looks like normally it's under 10% jump from year to year.
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Zero2Cool (16h) : Saints have agreed to terms on a contract with former Packers wide receiver Equanimeous St. Brown.
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dfosterf (10-Apr) : Va' Fazer As Malas Va' !
Zero2Cool (9-Apr) : Mark Murphy tipping us off?
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dfosterf (9-Apr) : Those poor bastards
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dfosterf (8-Apr) : Collectively, we need to spend more time in what we have, when analyzing ostendible needs and historical proclivities
dfosterf (8-Apr) : I say he is better than so many of these draft picks
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Zero2Cool (8-Apr) : Seems every year someone does something pre-draft.
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Martha Careful (6-Apr) : Go Boilermakers!!!
Martha Careful (5-Apr) : Diggs has not stepped up in the playoffs and has a high cost
beast (5-Apr) : Probably not going to let Diggs walk away unless he's horrible... but according to reports he also might not be as good as he used to be.
beast (5-Apr) : The 25th pick in the draft has been an offensive player since 2017, 2 TE, 2 WR, 1 RB, 1 OC
Mucky Tundra (5-Apr) : Odd, why give up a 2025 2nd Rounder for him if you're just gonna let him walk?
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buckeyepackfan (4-Apr) : 49r's aign RB Patrick Taylor.
Martha Careful (4-Apr) : Reversion to the mean would indicate we will keep it
Zero2Cool (4-Apr) : It's also been utilized in a trade in 14 of the past 20 years
Zero2Cool (4-Apr) : The 25th pick in the draft hasn't been made by it's original holder since 2016.
Mucky Tundra (4-Apr) : Gotta imagine that Green Bay vs Houston will be a primetime game this upcoming season
Zero2Cool (3-Apr) : No. Kill QB. No worries. 😁
Mucky Tundra (3-Apr) : Diggs, Collins, Dell and Schultz is gonna be tough to cover
Zero2Cool (3-Apr) : Stefon Diggs' trade will not be processed as a post-June 1 designation, so that is just over $31 million in dead cap this year.
Zero2Cool (3-Apr) : Bills trading WR Stefon Diggs to the Texans in exchange for a 2025 2nd-round pick. (via @rapsheet)
beast (3-Apr) : Using Patterson as RB and RB/WR tweener... so I think they also signed Patterson as a 3rd down RB, not just a kick returner as articles are
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Zero2Cool (28-Mar) : No.
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dhazer (28-Mar) : Steelers sign Patterson because of new kickoff rule interesting
Zero2Cool (28-Mar) : Former #Packers TE Josiah Deguara is signing a 1-year deal with the Jaguars, per source.
Zero2Cool (28-Mar) : They do not do it for "content sake".
dfosterf (28-Mar) : For the record, I enjoy Beast and Mucky drafts
Zero2Cool (27-Mar) : Haha
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