|
Post by rr1582 on Mar 24, 2015 21:44:26 GMT -5
League Salary Cap:
The Salary Cap is now set @ 58 Million
Luxury Tax Level will kick in @ 98 Mil Penalties will be enforced @ a 5 Mil fine for every Mil over the Hard Cap...that will be paid @ the EOS each year(Teams will be allowed a grace period for the upcoming FA/Season. A loss/forfeiture of draft pick is also a penalty that can be enforced by the League!
Max Contracts based on experience: 0-6-Year 1:$14,500,000-Year 6:$21,750,000 7-9-Year 1:$17,400,000-Year 6:$26,100,000 10+-Year 1:$20,300,000-Year 6:$30,450,000
All 2nd Round Extensions carry a Yr 3 contract of $559,020
I will add to this as I address more changes. Thanks!
|
|