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👤 Person

Salary cap

Agreement that limits athlete salaries

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1 news mentions · 👍 0 likes · 👎 0 dislikes

📌 Topics

  • NFL (1)
  • Sports Business (1)
  • Football (1)

🏷️ Keywords

Kirk Cousins (1) · Atlanta Falcons (1) · NFL free agency (1) · Salary cap (1) · Michael Penix Jr (1) · Quarterback (1) · ESPN (1)

📖 Key Information

In professional sports, a salary cap (or wage cap) is an agreement or rule that places a limit on the amount of money that a team can spend on players' salaries. It exists as a per-player limit or a total limit for the team's roster, or both. Several sports leagues have implemented salary caps (mostly closed leagues), using them to keep overall costs down, and also to maintain a competitive balance by restricting richer clubs from entrenching dominance by signing many more top players than their rivals.

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