The Bengals win big with revised cap flexibility following the 2024 cap disclosure.
Unexpectedly, the Cincinnati Bengals have additional cap room.
This is because the NFL said on Friday that the salary cap for 2024 will be a whopping $255.4 million. In other words, the amount increases dramatically from $224.8 million in 2023.
Prior coverage on the subject indicated that a threshold over $250 million would represent the upper limit of possibilities.
Unfortunately, it’s higher than anticipated, and the Bengals will profit from it.For example, Spotrac estimated that the Bengals had more than $60 million in space, but they only used an estimate of $242 million.
After rollover from the previous year, the Bengals have over $70 million (almost $73 million, really) thanks to the enormous amount that the NFL just declared official.
With that money, they will try to retain Tee Higgins through a tag or extension, in addition to other important free agents they own or acquire from other sources.
Additionally, it might imply greater latitude for extensions for individuals such as Ja’Marr Chase.