Hello, boys and girls. Welcome to another edition of the Business of Sports with Andrew Brand.

I'm your host, Andrew Brand. This is going to be a special edition. We're going to talk about

so many questions, misinformation, myths about the salary cap in the NFL as we go into a league

year in a matter of a couple weeks. We're in this new 2021 league year in the NFL, I thought I'd answer a lot of them.

I thought I'd give you a lot of CAP 101. This is going to be a master class. Having lived the

cap as an agent for 10 years, running, managing a cap for a team for 10 years, studying it,

analyzing it around the league for 10 years. I think I'm in pretty good shape to tell you all about the cap, especially as we add into this unique year. So that's the Brant's rants and a myth-busting look at the NFL salary cap going into the league year. And again, you're going to have questions. I'm going to try to answer it.

One thing I try to do for all the listeners is to break down complex topics and make them

understandable as I can and try to get people to understand this complicated formula that we call

the salary cap in the NFL. Okay, so we're going to do that here today. Welcome. Okay, what is the salary cap? Let's start at the

basics. Let's bring it down to the studs. Tell you what a cap is. A cap is a artificial limit on

collective player spending. I'll say it again, an artificial limit on collective player spending

per team, actually per league. So the NFL and the NFLPA

negotiate, all this money comes into the NFL and the revenue sharing aspect of the CBA, which is always

what I talk about most important. Back in the day, it was 50-50. It's gone very favorable

towards the owners in recent years. And the most that's going to get out of this CBA, the one that

was just negotiated in March for the player side, is going to be about 48%, which would mean 52% for the

players. So you take in all the money, you decide what the player's share is,

you take that percentage, that comes out to X, you take X divided by 32, and that is your team

Salarcat number. For 2020, as many of you know, that number was 198 million. For 2021, as we sit here today, I'm recording

this the evening of February 22nd. We do not know that number, a lot of rumors about 180, 182,

183. That brings me to the first myth, the first misinformation going on around there. People have reported

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