We’re a ways away from knowing the truth of the matter, but it has been widely speculated that there will be a salary cap reduction in 2021 due to Covid-19’s financial effects during 2020. The number I keep seeing thrown around is in the 175 million range for next year.
Even with some real creativity, certain teams are going to be very distressed, financially in relation to the cap, by this number. While it’s an interesting exercise to speculate on what will happen, how the dominoes will fall in such a unique situation, I’m skeptical about the reality of this scenario though.
Would the NFL really chance diluting the quality of their product? Would ownership of the affected teams really vote to cut their own teams throat? The more I think about it, the less I believe this will actually happen.
There’s a lot of great speculative minds in here, and I would like to see what you think.
At the end of the day, I think the cap number will be in excess of $190M. They lost gate revenues, but they gained on streaming revenue that wasn’t budgeted for. They will borrow from future tv contracts (that expire after the 2022 season) to make up the difference. But, like Wes said, the owners will try to get a concession from the NFLPA to make it work.
2020 was 198.2M and no I don’t think it’ll go down much.
The extra game check will only come into play if the owners vote to have a 17th game in 2021 and I haven’t heard they are going to do that and if the cap goes down, I don’t think they will. FYI, if they do approve a 17th game, the Lions will be charged an extra $6.7M in base salary for the year . . . if they don’t cut anyone.
So stagnate for four years. But other than that time, we never had a drop before and I can’t see the owners or the players wanting a significant drop. I think both would rather see no increase for a couple years rather than a steep decrease followed by incremental increases. But I do think the owners will play it that they are conceding something to the players by agreeing to a smaller decrease.