*As of 2292, the salary cap will be $125 million. Teams must be under the cap each off-season by the final Roster Cut Night.

The league generates and maintains every team's salary reports. It is still the responsibility of each GM to make sure his team's report is correct. GMs must notify the league of any errors immediately.

Any team that is over the cap past the above stated deadline will incur a penalty determined by the League Office.

Player's salaries are determined based on how they enter the league.

1st round: $4.000 per season
2nd round: $3.000 per season
3rd round: $2.000 per season
4th round: $1.000 per season
Waivers Claim: $0.500 per season

A veteran in the league has several opportunities to increase/decrease his salary.

Waiver Wire Claim: A veteran signed during waivers receives $1.000 per season.

Free Agency: Players that are lucky enough to gain the attention of other GMs during free agency, can make as much money as the market will bear. Players signed in free agency can be traded but never waived. Players have two opportunities to test the waters of Free Agency, their 6th and 11th seasons.

Franchise Players: Teams may have up to three Franchise Players on their roster at any time. FPs can be traded but never waived. FPs are exempt from Free Agency and will maintain their contract status for the life of their career. FPs are typically the team's super stars, i.e. players that you want to stay on your team for their entire career.

Two types of FP's:
FP3: declared after the player's third (R, 1, 2, 3) season. Salary is $6.000 per season.
FP5: declared after the player's fifth (R, 1, 2, 3, 4, 5) season. Salary is $10.000 per season.

Teams can have any combination of the above FPs, as long as they only have a total of three FPs on their roster at any time. Teams must place the FP designation prior to the start of the regular season.

How To Declare An FP:
During the off-season, logon to TeamManagement, click View Roster. Players that are eligible for FP status have a gold purse icon next to their salary amount. By clicking the purse, you can award them with a Franchise Player contract. The player's salary will immediately update, as well as their name will now have an FP tag in front of it. You are also required to email the league list and announce the FP designation. Both steps have to occur and they are the responsibility of the General Manager.