NWSL increases salary cap to $2.75 million in 2024, begins to phase out allocation money

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The NWSL announced several major updates to their roster rules on Thursday, including the increase of the salary cap from $1.375 million in 2023 to $2.75 million in 2024. The 2024 figure means each of the league’s 14 teams will have $775,000 more to work with than they did last season when including the fact that clubs had the option to purchase up to $600,000 in allocation money from the NWSL. The salary cap increase will be seen as a suitable replacement for allocation money, which the NWSL will begin to phase out starting this year.

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