EAGLES HOWIE SQUEEZED: NFL CAP DROPS FROM $198.2M-$182.5M!

By Martha Hotchkiss

That’s a drop of $15.7 million from last year’s cap of $198.2 million, owing directly to the financial losses incurred during the pandemic.

The players received full pay in 2020, undiminished by the pandemic and unlimited by the escrow obligations that other sports leagues utilized.

The league and the NFL Players Association agreed to spread the money lost due to the pandemic, which saw total attendance plunge from more than 17 million to roughly one million, over three years.

Full (or at least significantly increased) attendance in 2021 will help bump up the 2022 cap, as will the new TV deals, which are expected to be announced sooner than later.

The new cap takes effect on Wednesday, March 17, at 4:00 p.m. ET.

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