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BigKen
Day to Day
NBC Sports Boston announced on Boston Sports Tonight on Friday, that the NFL and NFLPA have agreed that due to the excessive losses for the NFL and NFL teams the salary cap will be set at $175M for 2021. There was serious concerns that the cap could be hit for as much as $90M which would have made for a disastrous next four to five years. The twenty $23M cut will have a serious effect on 13 teams that will be over the cap before the draft or free agency next year.
Right now teams are breathing just a bit easier because the reduction is minimal. They can't be sure about what will happen in 2021, but they are in hopes that a vaccine has been found and Covid-19 is a thing of the past. If attendance and revenues recover in 2921, the cap could be reset to 2020 in 2022 and then increased substantially in 2023.
Right now teams are breathing just a bit easier because the reduction is minimal. They can't be sure about what will happen in 2021, but they are in hopes that a vaccine has been found and Covid-19 is a thing of the past. If attendance and revenues recover in 2921, the cap could be reset to 2020 in 2022 and then increased substantially in 2023.