NFL believes 2015 salary cap will be between $138.6 -- 141.8 million; NFLPA believes a substantial increase will be added, based on memo. This is a memo that was sent out this morning to the NFLPAs executive committee, player reps and contract advisors: As you may have read, recent media reports from the NFL owners meetings in Dallas projected the 2015 NFL Salary Cap to be between $138.6 and $141.8 million. Last year, these same projections called for a flat cap that was ultimately a $10 million increase from the previous year. The salary cap is inextricably tied to League revenues and as we saw last year, substantial increases in revenue will lead to substantial increases in the salary cap. We have become increasingly concerned about these early projections and in the upcoming months the NFLPA will issue projections based upon our analysis of expected revenue. We believe that this will aid players, agents and general managers to more effectively forecast the salary cap and aid players in contract negotiations. Additionally, we will provide you with information previously shared with players about the current spending levels of all teams and their compliance with the minimum cash spending requirements of the new CBA. As Partners in this business, our expectation is that NFL revenues will continue to grow and our business will continue to thrive.
Posted on: Thu, 11 Dec 2014 15:07:36 +0000
Trending Topics
Recently Viewed Topics
© 2015