The NFL introduced the salary cap when they were forced to accept free agency. Seeing as the salary cap is a reflection of league profits, it’s an interesting evolution.
NFL Salary Cap Through The Years (in millions)
1994: $34.608
1995: $37.100
1996: $40.753
1997: $41.454
1998: $52.388
1999: $57.288
2000: $62.172
2001: $67.405
2002: $71.101
2003: $75.007
2004: $80.582
2005: $85.582
2006: $102.000
2007: $109.000
2008: $116.000
2009: $123.000
2010: NA
2011: $120.375
2012: $120.600
2013: $123.000
2014: $133.000
2015: $143.280
2016: $155.270
2017: $167.000
2018: $177.200
2019: $188.200
2020: $198.200
2021: $182.500
2022: $208.200
2023: $224.800
2024: $255.400
2025: $279.200
2026: $301.200
The 2010 season cap was uncapped due to the expiration of the 2006 Collective Bargaining Agreement.
Despite being well aware of the unrelenting growth of the NFL, it still amazes me that the salary cap has jumped nearly $100 million since 2022.
It’s also amazing that there are current players with an annual salary equal to the salary cap for an entire team during the 1998 season.
With the salary cap set at $301.2, the Minnesota Vikings are $45,506,353 over the cap. There’s some work to be done over the next two weeks just to get even. The Vikings need to get better than even.
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