NFL Players Association President DeMaurice Smith on Tuesday announced the league’s collective bargaining agreement will raise the salary cap to $72 million, bringing the average salary to $1.1 million.
That figure would rise to $2.2 million in 2021 and $2 million by 2023.
The average salary in the NFL is $945,000, according to Spotrac.
Smith, the NFLPA’s vice president of labor relations, said the average of the top 10 salaries for players who played at least five seasons will go up to $4.7 million.
He said the salary increase will take effect in 2021, $2 more than the previous five-year period.
Smith said the NFL Players’ Association is prepared to go to court to enforce the raise and to seek court approval to increase the salary for the 2022 season.
The current collective bargaining agreements allow the NFL to increase its annual salary cap by $2 billion per year if the league were to re-sign players.
Smith said the league will seek a court order to increase salaries for the 2020 and 2021 seasons.
The salary increase would come in the first year of a 10-year contract that is expected to be worth $1 billion.
Smith was at a press conference in Washington, D.C., on Tuesday.
He called the salary raise “a major milestone” for players.
The salary cap in the league is now at $72.6 million, Smith said.
He added the league has not seen a salary increase this significant in 30 years.