Financial

Veteran Minimum

Definition and explanation for NFLPA exam preparation

Definition

The minimum salary for players based on their years of service. Provides cap benefit as only the lowest minimum counts against the cap.

Exam Tip

Understanding Veteran Minimum is essential for the NFLPA certification exam. This concept frequently appears in questions about financial and is often tested alongside related terms like Minimum Salary and Cap Hit.

Related Terms

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.

Minimum Salary

The lowest salary a player can earn, which increases based on credited seasons. Set annually through CBA negotiations.

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More Financial Terms

Salary CapCap SpaceDead MoneyCap HitProrationMinimum Salary

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