I'm stunned this isn't getting a lot more discussion. The NBA is projecting a 30-40% reduction in the salary cap for next year which, like the NFL, is a percentage of revenue.
This is kind of a big deal. I know we aren't allowed to talk about covid19 here but this has a legitimate football angle. If the league can't let in fans, you are looking at the cap dropping for 2021 by 10's of millions of dollars.
Its being talked about in some corners:
https://www.insidehook.com/daily_brief/sports/nfl-salary-cap-2021-covid-19
According to Schefter, a 16-game schedule being played with no fans could cost each NFL team upwards of $100 million in lost revenue. Overall, that would set the league back $3.2 billion. If games are canceled, losses in TV revenue could make that figure even larger.
Due to that, owners and team executives are planning for the salary cap in 2021 to take a massive hit due to COVID-19.
“The various estimates I’ve gotten from executives to owners is that the cap could be down anywhere $30 million to $80 million in 2021,”
Schefter said on the podcast.