In the era of maximum contracts, 10-year deals, and massive salary caps, the Canadian Football League has long held a pool of talent in its niche while spending modestly. To put things in perspective, the CFL pays better than the XFL, AAF, TSL, or any Arena Leagues, but far less on average than the NFL. Let’s look at the numbers, and as a point of reference the exchange rate of Canadian Dollars to US Dollars is $1 CAN = $0.83 USD.
Per the NFL’s new collective bargaining agreement, the lowest salary in 2021 will be $660,000 USD, while practice squad players can earn up to $140,000 USD, at ~$8,000 USD per week. On the other end of the spectrum there, is the half-a-billion-dollar-man Patrick Mahomes, with his 10 year, $500 Million USD Contract. Suffice to say there’s a range.
Per the NFL’s new collective bargaining agreement, the lowest salary in 2021 will be $660,000 USD, while practice squad players can earn up to $140,000 USD, at ~$8,000 USD per week. On the other end of the spectrum there, is the half-a-billion-dollar-man Patrick Mahomes, with his 10 year, $500 Million USD Contract. Suffice to say there’s a range.