Financial
Salary Cap
Definition and explanation for NFLPA exam preparation
Definition
The maximum amount of money NFL teams can spend on player salaries in a given league year. Set annually based on league revenue.
Exam Tip
Understanding Salary Cap is essential for the NFLPA certification exam. This concept frequently appears in questions about financial and is often tested alongside related terms like cap space and Dead Money.
Related Terms
Dead Money
Salary cap charges for players no longer on the team's roster, typically from remaining prorated bonus money when a player is cut or traded.
Cap Hit
The total amount a player counts against the salary cap in a given year, including base salary, prorated bonuses, and likely-to-be-earned incentives.