NFL set wage cap at $255.4 million, the largest leap in league historical past

The NFL set its 2024 wage cap at $255.4 million Friday, the largest leap in league historical past.

The Bears are projected to have $80.4 million in cap house to spend this offseason, per OvertheCap.com, which ranks third within the NFL.

The $30 million enhance within the wage cap from final 12 months is the end result a soar in media income and the reimbursement of cash superior by the groups and deferred by gamers through the COVID pandemic.

The Bears may have $68.3 million in house to spend after accounting for funds for his or her draft picks. The Bears are slated to choose first and ninth within the late April draft.

Basic supervisor Ryan Poles has one other 10 days to work out an extension with cornerback Jaylon Johnson earlier than he is anticipated to present him the franchise tag. Even with the extension, the Bears determine to have loads of cash to spend in free company subsequent month. The workforce wants a beginning edge rusher, security, middle and No. 2 vast receiver, along with additional assistance on each traces.