Quote:
Originally Posted by Locke
And I think that $4M number is hugely optimistic.
Theres a few factors that might, and thats a mighty man-sized 'might,' make the cap go up by $4m...
|
Using the new formula for calculating the cap that was put in place post-COVID, the cap is guaranteed to go up roughly 5% per year for the foreseeable future.
Last year's revenue was expected to be around $5.7 billion, which means next year's cap should be around $102.4 million, but they put a cap of 5% on year-over-year increases, so it can only go up by a little over $4 million to around $87.5 million.