Salary cap

In sports, a salary cap 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.

Related Topics:
Sports - Unions

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Salary caps are used by major sports leagues around the world:

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• North American sports leagues: the National Hockey League, National Football League and the National Basketball Association and minor leagues in various sports.
• In England, the top-level leagues in both rugby codes—the Guinness Premiership in Rugby Union and the Super League in Rugby League—have salary caps. Recently, several European football (soccer) leagues have also discussed introducing salary caps.
 
Salary cap: History of salary caps in North America ►