The Philadelphia Eagles are banking on the 2020 NFL season going off without a hitch and being uber-successful because the financial implications are severe for Howie Roseman.
The Eagles currently lead the NFL in contracts that average $10 million or more and any looming salary cap issues could set the franchise back.
Per Over The Cap, the Eagles are set to be $50.6 million over the salary cap in 2021, with the next closest team, the New Orleans Saints, only projected to be over the cap by $9.5 million.
In 2021, that number will jump to 12 or more players making $10+ million or more as well.
The 2021 NFL salary cap could be impacted by the Covid-19 outbreak.
If the league and TV partners bring in less revenue due to games either being canceled or no fans in attendance, the salary cap could drop significantly to the tune of “$30 to $80 million” less per team.
The Eagles are currently scheduled to pay out $263.3 million in 2021 and if they were forced to reduce that space to about $210 million, it would likely require the restructuring of several big-named contracts while likely moving on from DeSean Jackson, Alshon Jeffery, Marquise Goodwin and a few more.
Having to reduce to cap to $175 million could be catastrophic for an Eagles team will have to deal with Carson Wentz’s extension and huge salaries for players like Fletcher Cox, Darius Slay, Brandon Brooks, Lane Johnson, and Javon Hargrave.
The Eagles would be joined in salary cap hell by the Saints, Falcons, and Steelers and explained by Jason Fitzgerald of Over The Cap, the NFL will get a financial bump from a 17-game season in 2021, but any loss in cap space could be disastrous for the Eagles.
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