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[2] [3] The agreement set a minimum salary of $9,000 per year for rookie players and $10,000 per year for veteran players. It also set aside $1.5 million of league revenue to be contributed to player pensions. [4]
The owners agreed to contribute about $1.5 million to the pension fund with minimum salaries of $9,000 for rookies, $10,000 for veterans and $50 per exhibition game; there was at yet no neutral arbitration for disputes. [18]
To offset this tendency which pushed out veteran players, including those who became fan favorites, the players' association accepted an arrangement where a veteran player who receives no bonuses in his contract may be paid the veteran minimum of up to $810,000, while accounting for only $425,000 in salary-cap space (a 47.5% discount).
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The Jaguars released Jenkins along with two other starters, cornerback Darious Williams and defensive tackle Foley Fatukasi, to create $20 million in salary cap space.
NFL star Odell Beckham Jr. took his $750,000 salary in this 1 asset back in 2021 — folks called it ‘dumb’ but now he’s laughing all the way to the bank. How to make a similar move in 2025
Surprisingly, Moore was released by the Buccaneers following his career year. According to the Tampa Bay Times, Jon Gruden wanted to keep Moore in Tampa and planned to use him as a key part of his offense. However, Buccaneers General Manager, Rich McKay didn't offer a contract above the veteran minimum salary of $650,000. [17]
The NFL’s salary cap for 2024 will be $255.4 million, up a record $30.6 million from last year. The cap number has gone from $198.2 million in 2020 to $182.5 million in 2021 following the COVID ...