2007-01-09 04:22:21 · 5 answers · asked by Mr. Knowledgeable VI 7 in Sports ➔ Other - Sports
There is something called a hard cap and a soft cap.
A hard cap is a budget limit that a team absolutely cannot exceed. The NFL employs a hard cap that all teams must use to fill out their payroll. I believe the cap this year was around 93 million.
A soft cap is a limit that is a suggested budget figure, and if a team exceeds that ceiling, they will pay what is called a luxury tax to the league. Major League Baseball has a soft cap and teams like the Yankees and Red Sox pay luxury tax on their payroll that exceeds the cap.
2007-01-09 04:27:33 · answer #1 · answered by bzqqsq 3 · 0⤊ 0⤋
this is a private industry so as that they'd do what they elect. Do i've got faith that maximum activities salaries are too intense. sure I do. Obscenely intense in fact. yet being a private organization i don't care what they do. And if i don't love it i will vote with my money. i've got not spent one greenback on something even remotely concerning the NBA in years and don't plant to ever back. I take it to the severe that I won't even watch the activities intense lights of the NBA. Will my one guy protest make a distinction? not of project. yet while thousands and thousands do the comparable undertaking then the message gets with the aid of. that's how unfastened marketplace structures artwork. And the Tea party is all approximately freedom of decision. and shortage of government intervention.
2016-10-30 10:41:14 · answer #2 · answered by Anonymous · 0⤊ 0⤋
It establishes the maximum an individual or team can make per year.. Great idea I think. Professional Atheletes are highly overpayed.
2007-01-09 04:26:29 · answer #3 · answered by tchem75 5 · 0⤊ 0⤋
it means a team can only spend so much per year on total players salaries.
2007-01-09 04:26:31 · answer #4 · answered by Kutekymmee 6 · 0⤊ 0⤋
what he said
2007-01-09 04:26:48 · answer #5 · answered by Drew P 4 · 0⤊ 0⤋