Revenue Accounting and Calculation of the Salary Cap
Section 9Minimum Team Cash Spending
For the four-League Year period covering the 2017–2020 League Years, there shall be a guaranteed Minimum Team Cash Spending of 89% of the Salary Caps for such period.
For each of the following multi-League-Year periods 2021–2023 (three League Years), 2024–2026 (three League Years), and 2027–2030 (four League Years), there shall be a guaranteed Minimum Team Cash Spending of 90% of the Salary Caps for such periods.
Any shortfall in the Minimum Team Cash Spending at the end of a League Year in which it is applicable (i.e., the 2020, 2023, 2026, or 2030 League Years) shall be paid, on or before the next September 15, by the Team having such shortfall, directly to the players who were on such a Team’s roster at any time during the applicable seasons, pursuant to the reasonable allocation instructions of the NFLPA.
Nothing contained herein shall preclude a Team from having Cash Spending in excess of the Minimum Team Cash Spending, provided that the Team complies with the accounting rules of the Salary Cap set forth in Article 13.
If the NFL agrees, or a final judgment or award is entered by the System Arbitrator, that a Team has failed by the end of an applicable League Year to make the payments required to satisfy a Team’s obligations to pay the Minimum Team Cash Spending required by this Agreement, then, in the event the Team fails promptly to comply with such agreement, judgment or award, the NFL shall make such payment on behalf of that Team (such funds to be paid as salary directly to the players on such Team at the direction of and pursuant to the reasonable allocations of the NFLPA).