After Tom Brady finished his familiar February routine of picking scraps of confetti out of his hair, NFL general managers began an unfamiliar exercise: mercilessly gutting their rosters.
They didn’t have much choice. When the last season ended and preparations for the next one started, teams were staring down a reality that none of them prepared for. They suddenly had tens of millions less to spend than they previously imagined. That will be clear when NFL free agency officially begins Wednesday, kicking off a bizarre offseason that will be defined by the sheer magnitude of valuable players who have been purged from rosters instead of the usual frenzy over where they will sign. Those players now have to compete over smaller and diminishing pools of money as teams race to balance budgets that suddenly became unbalanced.
The NFL’s salary cap for the 2021 season is $182.5 million. That’s a lot of money. It’s also a lot less money than the $198.2 million cap from just a year ago, and adds up to over half a billion less for the NFL’s 32 teams to spend on players. The gap is closer to a billion dollars when compared with projections of what the cap would have been before a novel coronavirus upended the world.
Source: News Formal (newsformal.com)
MAYBE PLAYERS ARE OVERPAID?
Get used to it. Boomers with disposable income loosing interest or dying off, not enough Gen X and Millennial fans to make up the difference. Gen Z prefer video games and fantasy leagues vs actually watching the games. Domestic fan base contracting. TV money will soon dry up.
Hi, Abercrombie and Fitch has Made in USA. AbercrombieandFitch
1970 -2017 -2021 ΕΞΙΝΤΑ ΧΡΟΝΝΙΑ ΕΔΟΣΑΝ ALFA BANK ΜΙΔΕΝ EUROBANK ΜΙΔΕΝ EMPORIKI ΜΙΔΕΝ AGROTIKI ΜΙΔΕΝ GENIKI ΜΙΔΕΝ PIRAEUS 104 ΕΒΡΟ