The NFL salary cap will make a significant jump up to $255.4 million per team for the 2024 season, the league confirmed on Friday. The new mark is up a record $30.6 million from 2023, when the cap was set at $224.8 million, previously the record. Each team will also receive an additional $74 million for player benefits, pushing total 2024 player costs to $329.4 million per franchise. That’s over $10.5 billion across the NFL. The NFL justified the cap hike, saying 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.” Franchises have until 4 p.m. ET on March 13, when the new league year begins, to get under the salary cap before the free agency period kicks off.

Clubs from the Premier League will once again be heading stateside this summer, with Arsenal and Manchester United kicking things off at SoFi Stadium on July 27. This marks the second time the Gunners have faced the Red Devils on American soil, the first being last July in front of a sold-out crowd at MetLife Stadium. Days later, Arsenal is scheduled to face Liverpool in Philadelphia at Lincoln Financial Field on July 31. Liverpool will then head to the south for a clash against Man U at Williams-Brice Stadium in Columbia, SC, on Aug. 3.

Already a staple on cable TV, Chiney Ogwumike has a new platform to talk all things sports. The Los Angeles Sparks player announced Friday the premiere of her new program, The Chiney Show, with PlayersTV. Describing it as “your home for hoops… ALL hoops!” episodes will also live on her YouTube channel. Ogwumike has been with ESPN since 2018, when she signed a multi-year contract to become a full-time basketball analyst. Two years later, in August 2020, the former Stanford athlete became the first Black woman to host a national radio show for the network while also making history as the first WNBA player to do so as well.

Before Reddit officially filed to go public, it was revealed that OpenAI CEO Sam Altman will stand to earn a heavy payday thanks to several investments dating back to 2014. According to CNBC, Altman has invested at least $60 million in the online messaging company. After using the platform daily for nine years, Altman shepherded Reddit’s $50 million Series B funding round in 2014. Seven years later, he invested $50 million during the company’s Series E funding round in early 2021. Reddit shared in SEC filings that its total revenue was $804 million and a net loss of $90.8 million in 2023.

Last summer’s FIFA Women’s World Cup, co-hosted by Australia and New Zealand, proved to be a significant economic boom for the former, bringing in $1.32 billion, according to a report from Football Australia. Additionally, the profits from Australia jerseys sold during the FIFA Women’s World Cup in 2023 were up 19% compared to the 2019 competition. While studies have shown that girls are likely to drop out of sports by the time they reach 14 here in America, that doesn’t appear to be the case Down Under. Participation has spiked in school with women and girls, growing from 21% in 2021 to 26% now.

Suddenly, packing all your things into a carry-on bag doesn’t seem like a bad idea. Following in the footsteps of other airlines, United Airlines said Friday that it is raising its checked baggage fees by $5. Starting Saturday, fliers will pay $40 for a first checked bag or $35 if they prepay online at least 24 hours ahead of their scheduled departure. A second checked bag will cost $50 at the airport or $45 ahead of check-in. The news comes on the heels of American Airlines announcing Tuesday it is increasing its checked bag fee by $10, from $30 to $40, for bags checked at the airport. For belongings checked online through American’s website, the fee is rising from $30 to $35. A second bag will go up from $40 to $45.