a limit on the amount teams can spend on player contracts, which helps to maintain competitive balance in the league
a maximum dollar amount teams can spend on player contracts
a maximum dollar amount that a team can spend in one year on player salaries
a maximum total payroll for each team
an agreement which places an upper limit (and sometimes a lower limit) on the money each team can spend on player salaries
Used in auction leagues to limit the amount of money owners can use to draft players.
Common term for Maximum Team Salary, the maximum amount each team may pay in salaries during an NBA season, as per teams of the Collective Bargaining Agreement.
an annual dollar limit that a single team may pay all its players.
A system that limits the total amount of money each Owner can spend on players in a draft and/or carry on their roster.
The amount of money that an NFL team may spend on player salaries and bonuses. This amount increases each year and is expected to be approximately $83.4 million in 2004.
In professional sports, a salary cap (often called a wage cap in the United Kingdom) is a limit on the amount of money a team can spend on player salaries, either as a per-player limit or a total limit for the team's roster (or both). Several sports leagues have made salary caps mandatory, both as a method of keeping overall costs down, and in order to balance the league so a wealthy team cannot become dominant simply by buying all the top players. Salary caps are often the major issue in negotiations between management and players' unions.