The Canadian Football League (CFL) is set to kick off its 2020 season in June, and that means teams are busy signing players to contracts. With a salary cap in place, teams must be strategic in their signings and make sure they get the most bang for their buck. Here`s a breakdown of what you need to know about CFL contracts in 2020.
First things first, let`s talk about the salary cap. The CFL`s salary cap for 2020 is set at $5.3 million per team, which is up from $5.0 million in 2019. This cap includes all player salaries, bonuses, and benefits. The league also has a minimum salary for players, which is $65,000.
There are three main categories of players in the CFL: non-imports, imports, and global players. Non-imports are Canadian citizens or players that have been in the league for at least seven years. Imports are players from outside of Canada, typically from the United States. Global players are those who aren`t from Canada or the United States and are part of a new initiative by the CFL to expand its global reach.
CFL contracts can vary in length and structure. Most contracts are for one to two years, but some players may sign longer deals. The structure of the contract can also vary, with some players signing straight salary deals while others may receive bonuses for things like making the playoffs or being named an All-Star.
Players who have completed their contracts are eligible for free agency and can sign with any team in the league. Free agency typically starts in February, and teams must be mindful of their salary cap when signing new players.
Injuries are a part of football, and CFL contracts have provisions for injured players. If a player is injured during the season, their contract is still valid, but they may receive a reduced salary or no salary at all while they recover.
CFL contracts can be complex, and teams must be strategic in their signings while also adhering to the salary cap. With the 2020 season fast approaching, fans can expect to see plenty of movement in the coming months as teams finalize their rosters. Stay tuned for updates on player signings and contract negotiations as the CFL prepares for another exciting season of Canadian football.