Indianapolis banned Michael Pittman Today due to suspicious issues…
INDIANAPOLIS – An increased salary cap for the 2024 season means the price of playing tag has gone up as well.
The NFL announced Friday the salary cap for the upcoming season is $255.4 million, a major bump from last year’s $224.8 million. In addition, teams will receive $74 million for player benefits, including Performance Based Pay.
The league noted the $30 million 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.’’
A consequence of the fatter salary cap is heftier costs of using the franchise/transition tags, which could impact Michael Pittman Jr. and the Indianapolis Colts.
Pittman’s rookie contract expires March 13, but the Colts have made it clear their overriding offseason objective is retaining a 2020 second-round draft pick who has been their leading receiver the past three seasons.
Ideally, that’s with a long-term contract that could pay Pittman between $23-25 million per season.

