I was just looking at the cap and how peoples' perceptions change. Here is how much the cap has increased, in 5-year increments:
2009: $56.7
2014: $64.3 - 13.4%
2019: $79.5 - 23.6%
2024: $83.5 - 5.0%
2029: $104 -- 25%?
Over the last 5 years, due to Covid, the cap has been essentially held flat. In other 5 year periods, it rose significantly more, and we are poised to see it rise at 5% per year for the next while.
Fans have gotten used to the idea that all teams are going to be crammed to the cap all the time. However, we need to understand that the last 5 years was in fact a very unique time. Going forward, we will be back to the more normal, seems-expensive-now-but-will-look-great-in-a-few years world.
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