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salary cap
noun
- a maximum limit on salaries.
- Sports. an upper limit to the combined salary of an entire team.
Example Sentences
Unless MLB implements a hard salary cap — and also a salary floor, to force teams like the Pirates and A’s to spend more on payroll — baseball’s financial caste system will continue, to the sport’s detriment.
In the only pro sports league without a salary cap, it is hardly surprising that the two teams with astronomical payrolls are in the World Series.
It means clubs can no longer just spend the full salary cap on players and max out on marquee gambles in a bid to gain success.
No egos were allowed, not even Brady, as despite being the shining light of the league he regularly restructured his contract and took less than he could have earned elsewhere in order to build a championship-winning side under salary cap constraints.
That leaves the team’s overall cap allocation at $68.3 million, second lowest in the NHL and just $3.2 million over the NHL’s salary cap floor, according to Puckpedia.com.
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