NFL Reveals Salary Cap to Increase for 7th Consecutive Season
Good news for both the NFL players and the league, as the salary cap will reportedly rise for the seventh straight year.
Reports came out on Tuesday that the cap will move up to about $200 million for each team in 2020. It was less than $145 million just five years ago.
The NFL informed clubs today that projections for the 2020 salary cap are in the range of $196.8 million to $201.2 million. This marks a 40% increase from five years ago in the 2015 season ($143.3 million).
— Ian Rapoport (@RapSheet) December 10, 2019
The cap has risen over $10 million each year per team since 2011. This is an astonishing 65 percent increase with no signs of slowing down.
This is the seventh consecutive year the cap is projected to climb more than $10M per club year over year. Since 2011, the cap has increased roughly 65 percent and $76 million per club. Total projected player costs, including benefits, will be more than $7.7 billion in 2020. https://t.co/6Dxr3Dd3jQ
— Ian Rapoport (@RapSheet) December 10, 2019
Obviously, this is a great development for the players as they'll be able to sign for even bigger contracts. They still aren't receiving the money that NBA players can count on, but the increase will allow for the top players to get seriously paid in guaranteed deals.
Former NFL GM Mike Tannenbaum said on ESPN radio that he thinks Dak Prescott will end up signing a $400 million deal with the Cowboys. Ten years, $40 million per year
— Jon Machota (@jonmachota) December 8, 2019
From the NFL's perspective, this is also welcomed news. The ability to raise the salary cap year after year means that the league's ratings are great and they're profiting big time.
This week's NFL on CBS late window (mostly Chiefs-Patriots) drew the best numbers for that window in four years, just the latest rise in NFL ratings this season. https://t.co/lz3xazGqOv
— Awful Announcing (@awfulannouncing) December 10, 2019
Expect this salary-cap trend to continue moving forward.