Vikings News: Minnesota just got a massive amount of new cap space

Major Minnesota Vikings news dropped on Friday, as the team is now projected to have even more money to spend this offseason after a recent NFL announcement.

On Thursday, the Minnesota Vikings were projected to have a little more than $24 million to spend in free agency this offseason, based on a projection by OverTheCap.com that the NFL's salary cap for 2024 would be $242 million.

Well, that projection was apparently a bit low, as multiple reports on Friday revealed that the league's salary cap for 2024 is going to be a whopping $255.4 million.

This means that instead of the $24 million the Vikings were estimated to have available to spend this offseason, this amount will now be closer to a value of $37 million.

Vikings News: What the NFL's salary cap means for Minnesota in 2024

With the news of the league officially setting their salary cap for 2024, Minnesota should now have a little more breathing room to construct their roster this offseason.

Justin Jefferson's agent might ask for even more money with the salary cap increase this year, but at least the Vikings should feel more comfortable about giving a giant extension to their top wide receiver this offseason, knowing that they will still likely have plenty of money to spend elsewhere.

The cap increase could also open up the door for Minnesota to potentially make a large contract offer to quarterback Kirk Cousins this year. The Vikings might still be set on not giving him a completely fully guaranteed new deal, but at least Cousins could still end up with more money from Minnesota than he might have previously thought.

Even if the Vikings still don't re-sign Cousins this year, now they should have more than enough money to improve the depth of their roster through free agency.

They might even be able to target some of the big-name free agents that they potentially thought were going to be out of their price range this year before the NFL's salary cap announcement.

In his third year as Minnesota's general manager, it will certainly be interesting to see how Kwesi Adofo-Mensah decides to use the team's cap space during the next few months.