The NFL officially announced the 2024 salary cap for this coming season. The official number for each NFL team is $255.4 million, up over $30 million from last year’s $224.8 million.
NFL Network’s Tom Pelissero tweeted that the increase 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.
The expectation was that the cap would increase around the usual total, which would have been closer to $243 million. So, you add the bump in cap plus the 49er's unused 2023 cap space, which was right around $38 million that they’d roll over into this season, and the Niners may not need to restructure some of their team captains' salaries after all.