NFL Increases Salary Cap Minimum To $180 Million
Feb 18, 2021, 9:57 AM
A general view of an NFL logo on the field prior to the preseason game between the Seattle Seahawks and the Denver Broncos at Sports Authority Field at Mile High on August 27, 2011 in Denver, Colorado. (Photo by Garrett W. Ellwood/Getty Images)
(Photo by Garrett W. Ellwood/Getty Images)
AP – The NFL has increased the salary cap to a minimum of $180 million for the 2021 season.
The league and the NFL Players Association had previously set a minimum of $175 million because of revenue losses incurred during the coronavirus pandemic.
NFL informed teams today the salary cap this season will be a minimum of $180 million.
— Adam Schefter (@AdamSchefter) February 18, 2021
In a memo sent to clubs Thursday and obtained by The Associated Press, the league says a decision to increase the floor by $5 million came after discussion with the union about 2020 revenues and projected attendance for 2021.
The final cap number will be determined following further review of revenue figures for 2020 and other accounting. The cap was $198 million last season.
Total attendance was 1.2 million, down from 17 million in 2019. Thirteen teams didn’t allow fans in the regular season and other clubs limited crowd size to provide social distancing in compliance with health and safety regulations in their state.
