Recently ran across this article that states many of the thing's I've been talking about for the last couple months as it relates to the future cap - including things like Tunsil & Watson's contracts and the dealings at the deadline - worth a read.
NFL Trade Deadline: Sellers, Players Available, Impact of COVID-19
What you need to know about players who could be on the move and how the pandemic is making teams think about doing business.
www.si.com
The effects of the pandemic are being felt on a daily basis in NFL facilities—in how teams are practicing, how teams are meeting and how people are interacting. And they’ve been felt on a larger scale in testing procedures, quarantines and game postponements.
The really hard part? Even when this season is over, the pandemic won’t be done impacting the league. The trade deadline is 12 days away and only brings more proof of that.
Lots of factors will determine the level of activity over the next week and a half, but after spending time on the phone the last 48 hours, I know this much—the lingering effects of the pandemic on NFL economics will be big. The ongoing revenue shortfall will take a chunk out of the 2021 salary cap, which could fall from $198.2 million this year to $175 million next year, and could reverberate in 2022 and ’23, as well.
In real-life terms, this isn’t all that complicated. NFL teams have budgeted since 2013 with the expectation that the cap would leap $10 million annually. That, until now, has held to form—from 2014 to 2020, it went up by at least that much each year. That’s why, oftentimes, you see star players’ contracts built with cap numbers that slowly rise over the life of the deal, the bet being that while the numbers go up, the percentage of the cap a deal takes up will stay flat.
So what happens when the cap goes down? We’re seeing it now. Those contracts are becoming like cars on a five-lane highway that really should be six lanes, with a bottleneck visible ahead … and the road soon going down to four lanes.