The cap for 2021 has not been announced yet.
A
floor of $175M has been announced, but that is the minimum teams have to spend, not the cap. Some sites are currently showing $175M as the cap for next year, but that is not accurate. And that obliviously that screws up the reporting on how much teams are over the cap.
Before Covid the cap for 2021 was expected to be $215M. The league and the NFLPA have agreed to spread the revenue shortfalls from this season over the next 4 years, but how that actually works out is anyone's guess. IMO, part of the reason the cap for 2021 hasn't been announced is because they want to see exactly how much of a shortfall they are dealing with.
Here's an idea, though, of how that might play out. Suppose league revenues for 2020 are $40M below expectations pre-covid. That $40M hit could spread over the next 4 years like this: $5M in 2021, $10M in 2022, $10M in 2023, and $15M in 2024. Here's how that would affect the cap:
Pre-covid cap projections:
2021 $215M
2022 $227.5M
2023 $241M
2024 $256M
New cap projections with those adjustments:
2021 $210M
2022 $217.5M
2023 $231M
2024 $241M
The good news is, if a site is showing the Rams as $20M over that erroneous $175M cap that means there at $195M right now ... and would be $15M
under the cap in the scenario I suggested.
AlbaNY_Ram
Edited 1 time(s). Last edit at 11/24/2020 04:03PM by AlbaNY_Ram.
