NFL Salary Cap Higher Than Ever Before
The NFL’s revenues have seen a rise lately so you know what that means–players’ salaries will rise as well. The 2014 season will experience both the owners and the players getting more money than ever before.
This year’s salary cap is expected to rise to about $130 million per team, according to Adam Schefter of ESPN. That’s a 5 percent increase from last year’s cap of $123 million, and it’s good news for teams that are tight on cap space.
JUST IN: NFL to add 5% to projected salary cap for 2014, raising total to $130 million.
— NFL on ESPN (@ESPNNFL) February 20, 2014
Under the CBA, the amount teams can spend on players is determined by the league’s revenues, through a complex calculation that includes TV money, ticket sales, merchandising and so on. The players get about 48% of the total league revenue, so a cap of $130 million suggests that NFL teams are raking in about $270 million a year.
Those are pretty big numbers.
For more on this story visit: Michael David Smith, Pro Football Talk