NFL Collective Bargaining Agreement

Article 12
Revenue Accounting and Calculation of the Salary Cap

Section 8(b)
Guaranteed League-Wide Cash Spending

(b)

For each of the following multi-League-Year periods 2017–2020 (four League Years) 2021–2023 (three League Years), 2024–2026 (three League Years), and 2027–2030 (four League Years), there shall be Guaranteed League-Wide Cash Spending of 95% of the Salary Caps for such League Years for each such period multiplied by the number of Clubs in the League during each such period. (Appropriate adjustments will be made if the number of Clubs in the League increases during each such a period.) (For example, if the Salary Caps for the 2024–2026 League Years were $180, 3200, and 220 million, respectively, the Guaranteed League-Wide Cash Spending over that four-year period would be $ 18.24 billion (95% of $600 million total Caps times 32 Clubs)).