Feb. 28 (Bloomberg) -- The National Football League set the salary cap for the 2014 season at $133 million per team, a $10 million increase on last year.
The limit is $6.7 million more than the $126.3 million projection given to owners during the 2013 season, the Washington Post reported. The cap will probably rise significantly from next year after revenue from new television deals comes into the calculation, NFL.com said.
Each team can carry over unused cap space from the prior season, the league said in an e-mail. The average carryover for the 32 teams in 2013 was $6.1 million, it said.
The labor accord with players compels teams to spend at least 89 percent of the unadjusted cap in the years 2013-16, the NFL said.
In addition to salary, teams can spend in excess of $33 million on players’ benefits including pensions, severance, workers’’compensation, insurance premiums and disability, the league said.
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