Recent NFL Contracts Show Massive Spending Coming This Offseason
February 11, 2016 · Ian Wharton · Jump to comments
As the NFL continues to grow as a business entity across the world, more revenue will stream in from sources that are trying to get a piece of the pie. Fans continue to pack stadiums and spend countless hours and dollars into the fandom of their favorite teams. It’s a great time to be a fan of the NFL.
But it is even better to be a player on the verge of financial reward for his services. The 2016 offseason will be more fruitful for free agents than ever before based on the early action that has already gone down. Contract extensions and new free-agent deals will be massive as the league is flush with cap space.
According to Spotrac, 22 teams are slated to enter the offseason with more than $20 million in cap space. This is before veteran cuts are made, which means even more money will be made available for spending. 2011 was the last time more than 10 teams had more than $20 million, but there were only 12 with that amount.
In that same time frame, the salary cap...
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